Will the dockworkers’ strike cause higher food prices? Experts weigh in

By Free Republic | Created at 2024-10-02 17:22:14 | Updated at 2024-10-03 23:20:29 1 day ago
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Will the dockworkers’ strike cause higher food prices? Experts weigh in
NY Post ^ | 10/02/2024 | Eric Revell, Fox Business

Posted on 10/02/2024 9:08:30 AM PDT by ChicagoConservative27

Unionized dockworkers at East Coast and Gulf Coast ports began a strike Monday that will affect the flow of goods through ports that handle about half of seaborne trade to the U.S. and could have an impact on food prices.

Ports affected by the International Longshoremen’s Association strike are key hubs for food imports from places like South America and Central America.

For example, about two-thirds of bananas arrive at East Coast and Gulf Coast ports.

The U.S. Department of Agriculture (USDA) released a statement Tuesday saying it doesn’t anticipate food prices will be significantly affected by the port strike in the near term.

“Our analysis shows we should not expect significant changes to food prices or availability in the near term,” the USDA said. “Thanks to the typically smooth movement through the ports of goods, and our strong domestic agricultural production, we do not expect shortages anytime in the near future for most items. Likewise, non-containerized bulk export shipments, including grains, would be unaffected by this strike.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: commerce; dockworkers; experts; food; freight; higher; shipping; strike; unions

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Yes and yes. If I am wrong tell me please.


To: ChicagoConservative27

Costs be damned. Just make sure peanut butter, bananas and bread are on the shelf.


2 posted on 10/02/2024 9:12:20 AM PDT by ComputerGuy (Heavily-medicated for your protection)


To: ChicagoConservative27

3 posted on 10/02/2024 9:12:42 AM PDT by xoxox


To: ChicagoConservative27

Yes and yes. If I am wrong tell me please.

Yes, of course it will

The USA produces exportable volumes of grains, beef and pork - but most other labor-intensive and seasonal Ag. products - fruits and vegetables, seafood, sugar, honey - are imported in large amounts.

Because these are "commodities" with thin margins and specialized storage needs - no one is holding massive stocks of these items "just in case."

4 posted on 10/02/2024 9:14:44 AM PDT by PGR88


To: ChicagoConservative27

They lie. If they say food prices won’t be higher- they will.


5 posted on 10/02/2024 9:16:54 AM PDT by Hattie


To: ChicagoConservative27

Not taking the chance. Went for groceries a week or two early just in case.


6 posted on 10/02/2024 9:18:49 AM PDT by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)


To: ChicagoConservative27

I don’t know about prices, but SHORTAGES are my main concern. I don’t know if it’s coincidental, but I was at Aldi yesterday, and they were completely out of several items. No grapes, no strawberries, no canned cat food, no large packs paper towels. Low stock in eggs, pineapples, smaller packs of paper towels and toilet paper.


7 posted on 10/02/2024 9:19:43 AM PDT by Flaming Conservative ((Pray without ceasing))


To: ChicagoConservative27

The USDA says the law of supply and demand does not apply to food, unless at least until after Harris is elected.


8 posted on 10/02/2024 9:20:46 AM PDT by Dennis M.


To: ChicagoConservative27

I don’t know, but there were a ton of people panic-buying at our local Costco yesterday. Of course, the toilet paper was already gone.


9 posted on 10/02/2024 9:20:52 AM PDT by fidelis (Ecce Crucem Domini! Fugite partes adversae! Vicit Leo de tribu Juda, Radix David! Alleluia!)


To: ChicagoConservative27

Well avocados from Mexico I think are shipped by truck, if the Teamsters went on strike, then there would be major food disruptions, IMO.


10 posted on 10/02/2024 9:22:56 AM PDT by DallasBiff (Apology not accepted.la is not the sharpest knife in the drawer)


To: ChicagoConservative27

Again with the “experts”. Listen to JD Vance and just use common sense.

When the dockworkers are on strike, it also means the truckers lose work too. Stores run low on inventory. Supply and demand. It’s a grand slam of economic problems.

And Joe Biden won’t intercede. He probably couldn’t anyway, not personally anyways… but Jill doesn’t want to help Kamala at all.


11 posted on 10/02/2024 9:23:47 AM PDT by monkeyshine (live and let live is dead)


To: ChicagoConservative27

“two-thirds of bananas arrive at East Coast and Gulf Coast ports”

The “migrants” and “newcomers” can grab a bushel of bananas and carry them up here.

No bananas no entry.



To: PGR88

Domestic production will have to be consumed domestically so we can expect some of those items, especially perishables, will actually drop in price as there may be a surplus of them. At least for a short while. Crops have to be harvested but meat and poultry, well, you can keep the livestock alive longer if need be.


13 posted on 10/02/2024 9:26:26 AM PDT by monkeyshine (live and let live is dead)


To: ComputerGuy

14 posted on 10/02/2024 9:26:35 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)


To: Flaming Conservative

So strange to be in panic mode. Over 90% of paper products used in the US are produced in the US. If the paper mills start shutting down, that’s a different story.


15 posted on 10/02/2024 9:30:02 AM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)


To: Flaming Conservative

Shortages leads to higher prices. But I don’t think fruit, veggies and eggs come by container ship. Takes too long and they rot. Except maybe potatoes and onions. But, I have been wrong before.

Grains and other dried and frozen foods can come via container. Cheap clothing and stuff from Asian can come to the west coast but will cost more to ship it south and east. I’m more concerned about our country’s exports.


16 posted on 10/02/2024 9:31:28 AM PDT by monkeyshine (live and let live is dead)


To: ChicagoConservative27

Not wrong prices don’t go down if operating costs increase.


17 posted on 10/02/2024 9:32:15 AM PDT by Vaduz


To: Huskrrrr

You weren’t supposed to mention that one.


18 posted on 10/02/2024 9:37:05 AM PDT by Cold Heart


To: Flaming Conservative

Wasn't it just a couple of years ago there was a shortage of stuffs because they were all sitting in barges? We survived. Even when it took eight months to receive an order. Do we really need out of season produce? Our grandparents didn't.

Now about that cat food.... I'm concerned. No matter how hard I try, my cat is stuck on Fancy Feast.

Oh and prices won't go up much... the can sizes will become smaller.

19 posted on 10/02/2024 9:37:37 AM PDT by 1_Rain_Drop ( ~~ TRUMP is right about EVERYTHING ! ~~ )


To: ChicagoConservative27

I made a maintenance grocery trip yesterday that I did not need to do. The stuff I bought is not imported and the strike would have no direct effect on most of it, but I thinkthe strike will raise prices and indirectly cause shortages. We’ll see if I’m right.


20 posted on 10/02/2024 9:37:53 AM PDT by suthener ( )


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