Inflation expected to rise in January on most basic items

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • Food prices are reportedly expected to rise again in January
  • A soaring inflation rate of 6.8% as of November — the highest rate of increase in 39 years — shows no signs of slowing down, with major food manufacturers preparing to raise their prices once again, according to the Wall Street Journal.
  • Persistent supply-chain disruptions and increasing labor costs are a major factor in the increases.
  • Kraft Heinz — which makes Oscar Mayer lunch meats, Kraft Macaroni & Cheese and Jell-O pudding — told retailers it is planning to raise prices on some items by as much as 20%
  • Mondelez International, which makes snacks including Oreo cookies and Ritz crackers, will increase prices by 6% to 7% in January,
  • Other food manufacturers including Campbell Soup and General Mills, maker of Cheerios, have also warned that they will be raising prices on their goods in January but have not disclosed what the price hikes will be.

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FDA wants less salt in every day American food

(Reuters) – The U.S. Food and Drug Administration on Wednesday is pushing to cut salt levels by 12% in food ranging from packaged meats to cheese, as it tries to clamp down on a growing epidemic of preventable health issues that has plagued the country.

In far-reaching guidelines, which come five years after the agency’s initial recommendation, the FDA is calling for voluntary short-term sodium reduction targets from food manufacturers, chain restaurants and food service operators.

High sodium consumption has long been linked to high blood pressure, which is a leading cause of heart attacks and strokes. More than 4 in 10 American adults suffer from high blood pressure, according to the agency.

Salt is an ubiquitous ingredient in almost every food item. But the agency focused on 163 categories of processed, packaged and prepared foods, including different types of cheese, pickles, nuts, sauces, deli meats, crackers and poultry products – all the things Americans love to eat. Even more so during the pandemic.

Some health experts, however, said the regulator needs to take a stronger stance.

“The FDA’s targets represent an important step forward, but lowering sodium intake to 3,000mg per day is not enough,” the American Heart Association said in a statement.

“We urge the FDA to follow today’s action with additional targets to further lower the amount of sodium in the food supply and help people in America attain an appropriate sodium intake.”

The new recommendation released on Wednesday seeks to decrease average sodium intake to 3,000 mg per day, about a 12% reduction, from 3,400 milligrams over the next two and half years.

Still, the average intake would be above the Dietary Guidelines for Americans’ recommended limit of 2,300 mg per day for those 14 and older.

The FDA said even these modest reductions made slowly over the next few years will substantially decrease diet-related diseases and said it plans to issue revised, subsequent targets to further lower the sodium content incrementally.

According to the FDA, more than 70% of total sodium intake is from salt added during food manufacturing and commercial food preparation.

The agency said the public health benefit of limiting salt intake is estimated by researchers to result in tens of thousands fewer cases of heart disease and strokes each year, as well as billions of dollars in healthcare savings over time.

Laura Abshire, director of food and sustainability policy for the National Restaurant Association, said in a statement that it is reviewing the FDA’s final guidance and that “the restaurant industry continues to provide options to address customers’ desires and health needs.”

(Reporting by Oishee Majumdar and Manojna Maddipatla in Bengaluru; Writing by Ankur Banerjee; Editing by Shinjini Ganguli, Bernard Orr)