Dan Varroney at the 2022 Leading Entrepreneurs of the World Conference
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
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Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
It’s no secret, that prices are going up at the pump, at the grocery store, and if they haven’t already, experts say there’s a good chance you’ll start to see prices rise at many restaurants too.
Grocery prices climb at higher rate than restaurants, but can menu prices rise even more?
>> dan is a supply chain expert and founder of potomac core. rising costs for energy and other raw materials such as seed oils will put the squeeze on consumer cost. >> it's energy costs that are going to choke consumers at every level as food companies need to stay competitive. >> a recent report from the bureau of labor statistics say food prices have risen 8%. >> it's impossible to avoid the impact of disruptions like this. >> kaitlyn welch is a food policy expert. though other countries face direct threats to their food supplies due to the war, americans are not totally insulated from the ...
President Biden said Thursday that a food shortage is "gonna be real" following the sanctions that were placed on Russia by the U.S. government as a result of Russian President Vladimir Putin's invasion into Ukraine.