Wednesday, March 9, 2011

10 Economic Disaster Stories the Leftist Media is Hiding From You | NewsReal Blog

1. Food distribution companies are warning of severe food shortages in the coming weeks.

Sysco is one of America's largest food distribution companies. Early in February they sent out this release to customers which warned of a looming food crisis – in America:

THE EXTREME FREEZING TEMPERATURES HIT A VERY BROAD SECTION OF MAJOR GROWING REGIONS IN MEXICO, FROM HERMOSILLO IN THE NORTH ALL THE WAY SOUTH TO LOS MOCHIS AND EVEN SOUTH OF CULIACAN.  THE EARLY REPORTS ARE STILL COMING IN BUT MOST ARE SHOWING LOSSES OF CROPS IN THE RANGE OF 80 TO 100%. EVEN SHADE HOUSE PRODUCT WAS HIT BY THE EXTREMELY COLD TEMPS. IT WILL TAKE 7-10 DAYS TO HAVE A CLEARER PICTURE FROM GROWERS AND FIELD SUPERVISORS, BUT THESE GROWING REGIONS HAVEN'T HAD COLD LIKE THIS IN OVER A HALF CENTURY.  THIS TIME OF YEAR, MEXICO SUPPLIES A SIGNIFICANT PERCENT OF NORTH AMERICA'S ROW CROP VEGETABLES SUCH AS: GREEN BEANS, EGGPLANT,CUCUMBERS, SQUASH, PEPPERS, ASPARAGUS, AND ROUND AND ROMA TOMATOES.  FLORIDA NORMALLY IS A MAJOR SUPPLIER FOR THESE ITEMS AS WELL BUT THEY HAVE ALREADY BEEN STRUCK WITH SEVERE FREEZE DAMAGE IN DECEMBER AND JANUARY AND UP UNTIL NOW HAVE HAD TO PURCHASE PRODUCT OUT OF MEXICO TO FILL THEIR COMMITMENTS, THAT IS NO LONGER AND OPTION.WITH THE SERIES OF WEATHER DISASTERS THAT HAOCCURRED IN BOTH OF THESE MAJOR GROWING AREAS WE WILL EXPERIENCE IMMEDIATE VOLATILE PRICES, EXPECTED LIMITED AVAILABLITITY, AND MEDIOCRE QUALITY AT BEST. THIS WILL NOT ONLY HAVE AN IMMEDIATE IMPACT ON SUPPLIES, BUT BECAUSE OF VERY STRONG BLOSSOM DROPS, THIS WILL ALSO IMPACT SUPPLIES 30 – 60 DAYS FROM NOW. SOME GROWERS ARE MEETING WITH THEIR BOARDS RIGHT NOW TO DETERMINE WHETHER THEY SHOULD IMMEDIATELY RE-PLANT, HOPING FOR A HARVEST BY LATE-MARCH-TO-EARLY-APRIL, OR WHETHER THEY SHOULD DISC THE FIELDS UNDER AND WAIT FOR ANOTHER SEASON.

Right now we're just about to enter the 30-60 day period they warn about.

For months the news has reported crop failures, droughts and storm related damage to farm land but there have been no follow up reports on the shortages these incidents would necessarily create. Sysco did not release their report in the dead of night hidden from the news media; they sent it out to thousands of people. The crop failures they are speaking about are common knowledge, or should be.

But where is the media on this story? It's up to news agencies to tell people these shortages are coming so people can prepare for them. Instead the media is ignoring what could be a spike in food prices so dramatic it will limit the ability of Americans to obtain several types of fresh vegetables. Imagine, in a few weeks it's possible that Americans will not be able to afford fresh tomatoes and eggplants, or they may find that those vegetables aren't available at all. I would think this news would earn more coverage than it is currently receiving, don't you?

The media is often accused of selective reporting and in the case of financial reporting the charges are doubly true. Perhaps if Barack Obama loses his re-election bid we will see the media stop cheerleading a dying economy and report the news as it is. There is no greater indictment of the media, no better example of the corruption within, than the fact that America can't rely on them to report stories like these.



http://www.newsrealblog.com/2011/03/09/10-economic-disaster-stories-the-leftist-media-is-hiding-from-you-1/7/