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Food prices are at record highs, the next crisis will be “manufactured” – Joël Salatin

Economy / July 24, 2022 / Admin / 0

In 1900, the share of the American labor force involved in agriculture was almost 50%. Today it is less than 2%. This is due to industrialization, economies of scale and trade, said Joel Salatin, author and co-owner of Polyface Farms. However, Salatin warns that greater efficiency has had its price and made our food supply more fragile.

“Part of the efficiency equation has been centralization,” he explained. “[But] with COVID, and now partly with the war in Ukraine, what’s happened is that large-scale centralized efficiency has shown cracks in the system.

He pointed out that food processing factories have thousands of employees, making them more susceptible to pandemic shocks than smaller factories with fewer workers.

Salatin added that “on our farm…where we have a small processing plant with 20-25 employees…I don’t wake up in the morning wondering [whether we] broke a new government rule or COVID procedure, or something like that.

Salatin spoke with David Lin, presenter and producer at Kitco News.


The high cost of low prices

Although Salatin claimed efficiency had lowered food prices, he said it came with “externalized costs that weren’t captured at the cash register.”

“It took a few decades for the fragility to start showing up,” he explained. “We started seeing it with Campylobacter listeria, E. Coli, food allergies… superbugs are a new phenomenon in the last thirty years caused by an unprecedented consolidation of the use of antibiotics and hormones in the world. within the factory farming system.

He pointed out that in the early 1970s, household food expenditure accounted for 17% of income, while health expenditure accounted for 9%. Just before 2020, the figures reversed: households spent 9% of their income on food and 17% on health care.

“There is probably a relationship between cheap food and health costs, versus high quality food and not being sick,” Salatin added.

He also said that the quality of the soil had deteriorated, due to industrial agriculture, and that “one would have to eat seven pounds of broccoli today to get the same nutrition as one pound of broccoli in 1930” .

Finally, he pointed out that “obesity is very high, indicating cheap food”.

“Sugar is cheap, protein is expensive,” Salatin said. “The obesity epidemic follows the politics of cheap food, as candy bars are cheaper than pork chops.”


Black Swan Events

“Black swan” events, such as COVID-19 and the war in Ukraine, have damaged agricultural supply chains, demonstrating the “fragility” of the food system, Salatin said.

“One in five bites of food is produced outside of the United States,” he explained. “It’s the highest he’s been in history… There’s [now] a renewed interest in localization rather than globalization… [In other words]having smaller outfits that are less susceptible to the type of upheavals that may be related to energy, health, regulation, or relationships.

He added that “the global system is highly interconnected” and that since Ukraine supplies “30% of the world’s wheat” and Russia supplies “20-25% of the world’s chemical fertilizers”, this affects food prices for everything. the world.


What is the solution?

Salatin’s solution to the problems of the food system was to increase the role of small producers who use traditional farming methods. To do this, he said he would “abolish the USDA” and allow a free market in agriculture.

“If people are afraid of dangerous foods, there would be private outfits, like AAA in automobiles,” he said.

“It’s time to leave the food bureaucracy of industrial, Neanderthal, barbarian government interventionists,” Salatin said. “Uberize it, so that you and I can exercise our food choice in voluntary and consensual relationships with our producers, and have voluntary and democratic access to food.”


For Salatin’s thoughts on food shortages and lab-grown meat, watch the video above.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)

Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)




Disclaimer: The opinions expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. This is not a solicitation to trade commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for loss and/or damage resulting from the use of this publication.

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