FMI – The Food Industry Association, the trade association for food retailers, wholesalers, product suppliers, and their supply chain partners, is hosting another in a series of Congressional staff briefings to discuss the factors impacting food prices for consumers in 2022. The focus of this briefing is on how the current domestic state of play with supply chain disruptions, ongoing labor shortages, and inflation coupled with the conflict in Ukraine is impacting the price of food at the grocery store. FMI Vice President of Tax, Trade, Sustainability & Policy Development Andrew Harig will be joined by Dr. Ricky Volpe, Associate Professor of Agribusiness at California Polytechnic State University to discuss:
- The Impact of War in Europe on America's Food Prices: How the conflict in the "breadbasket of Europe" will affect inflation, transportation costs, the global supply chain, and ultimately, food prices in the U.S.
- Getting Food from Farm to Fork: As the global food economy enters year three of the pandemic, we'll explore what it takes to get food from farm to fork and how the industry is overcoming COVID-related obstacles to meet consumer demand and how these challenges are affecting food costs.
- 2022 Economic Outlook: How the current challenges and opportunities in the supply chain are impacting the food retail industry and inflation is expected to affect consumers.