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Home Business

Food shortages, peak prices to hit this September, billionaire CEO warns

Fox Business by Fox Business
August 23, 2022
in Business
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Food shortages, peak prices to hit this September, billionaire CEO warns
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United Refining Company and Gristedes CEO John Catsimatidis says peak food prices will arrive in September this year. #FOXBusiness

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Tags: billionairebreaking newsbusiness news africabusiness news australiabusiness news australia todaybusiness news europebusiness news new zealandbusiness news us marketbusiness news usa todayCEOeu business news european enterprise awardsFoodfood price peakfood pricesfood prices going upfood prices in americafox businessfox business livefox business newsfox business news maria bartiromofox business news todayFox Newsgas pricesgas prices newsgas prices to risegas problemhitinflationinflation 2022inflation crisis prepare for 2022john catsimatidisjohn catsimatidis foxjohn catsimatidis fox newslatest news todaymoney tipsMornings with Marianew business usa 2022news todayPeakpricesSeptembershortagesUS economyus financial news todayUS inflationus newsWarnsworld news
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Comments 48

  1. VK RGFAN says:
    3 years ago

    Billionaires won’t be affected, it’s regular folks are going to suffer. What kind of advice they can possibly give us other than stop procreating and breeding slavery for the rich.

  2. M BWolf says:
    3 years ago

    Completely ignored his comment on the food factories burning down.

  3. Jeffery L. Elliott says:
    3 years ago

    The times right before the Great Tribulation period spoken of in the Bible. Lo unto those with young children too raise.

  4. Peter Wolf says:
    3 years ago

    Purina rabbit chow at Tractor Supply 50 lbs: 24.99$ up from $ 4 months ago—18.99 that's 30% increase!

  5. deborah anderson says:
    3 years ago

    they aren't going to stop spending trillion of dollars! the factories have been burned down! something is going on

  6. Gus Nasrala says:
    3 years ago

    Shame on her. What an idiot. He gave her a major story and she brushed it aside. Factories suddenly burning down!!

  7. Jim Patriot says:
    3 years ago

    Wanna stabilize everything? Vote out the democrats in November…trust me on this one 😏

  8. bohmbilbo says:
    3 years ago

    Most will die

  9. Rick Wilkins says:
    3 years ago

    Address the fact that about 35% of our oil comes from Mexico. Why do have to let my cricket tell me this??

  10. kcal says:
    3 years ago

    I said this over a year ago

  11. Xitlali says:
    3 years ago

    we would be facing dark times . ….

  12. George says:
    3 years ago

    What do you mean finally are suffering right now? We started suffering the minute prices started going up. Fox news is a joke.

  13. Cecilia Turner says:
    3 years ago

    Audio??? Hey YOUTUBE 👋

  14. Christina says:
    3 years ago

    Well yeah the food processing plants are all burning down at the same time

  15. Nancy Drew says:
    3 years ago

    About time people woke up , the great reset govt doesn’t care . Its your job to start taking your life into your own hands .
    Stock on tampons ,pads , winter flu medication, rice , pasta , flour , sugar, beans /lentils , can goods . Hunting gear , fishing gear , pet food .

  16. Nick Too far says:
    3 years ago

    She didn't want to talk about the plants burning down did she

  17. Jeremy says:
    3 years ago

    What makes him think they will decline in October?

  18. Janna Ledferd says:
    3 years ago

    Prices went up because oil and truck parts shortages.

  19. Janna Ledferd says:
    3 years ago

    They knew what they were doing when they released Covid, locked us down, and spent too much money to fatten the pockets of the WEF.

    They knew what they were doing when they pushed the war in Ukraine and poked the Russian Bear.

  20. Doy Rayburn says:
    3 years ago

    Food prices will NOT stabilize any time soon.

  21. Edwin Delgado says:
    3 years ago

    This coming from a CEO I wonder why he's a billionaire could it be prices are high🤔😄

  22. Harvey Post says:
    3 years ago

    Winter coming 🗓📈

  23. Harvey Post says:
    3 years ago

    Ketchup, mayo happy camper

  24. Marina Miramontes says:
    3 years ago

    Skips over the factories being burned down, some news show. 😏

  25. Nikki Page says:
    3 years ago

    Well that was worthless! He didn't answer anything about the possible shortages! Or did I miss something?

  26. One True Calling says:
    3 years ago

    This big wind bag is bemoaning that his and Larry dinkes property holdings are dropping in value … as they should.

  27. Coreena Burke says:
    3 years ago

    Tell the idiots in Washington to quit ordering the destruction of food factories and baby formula. Tell Pelosi to ordering Walmart to empty their freezers and dump perfectly good food! Quit having farmers cull cattle and chickens!

  28. Just thinking says:
    3 years ago

    He just said 20 of our major factories have burned down and she just moved right past it

  29. TheLoving06 says:
    3 years ago

    Not only has the processing plants been burnt to the ground they've also killed off a bunch of cattle and blamed it on global warming, please!

  30. WELLO says:
    3 years ago

    These worthless reporters. She didn't address the factory fire? Wow! China controlled.

  31. owemylife says:
    3 years ago

    There is a very well documented intentional destruction of food all over the globe. Agenda driven. Life is eternal, Jesus saves

  32. owemylife says:
    3 years ago

    He speaks as if they are trying to make things better.

  33. Catherine Figueroa says:
    3 years ago

    She completely ignored his comment about the factories burning down.

  34. Pristine Auto Detailing says:
    3 years ago

    Does inflation on food include the drought, feed animal disease, less corn and wheat production due to fertilizer costs? Will be an interesting winter and spring

  35. Jesus loves you says:
    3 years ago

    God so loved the world that He gave His one and only Son, that whosoever believes in Him shall not perish but have everlasting life. John 3:16 Jesus loves you✝️

  36. YukonJ says:
    3 years ago

    Biden demonstrating what a great President Trump was.

  37. Cindy Cure says:
    3 years ago

    Why does Fox even have him on ? BlackRock is extremely evil and is the root cause of wokeness and skyrocketed housing prices

  38. Marie Ross says:
    3 years ago

    Why did she ignore the fact food factories burned.. and oddly 2 had plans flown into.them. people aren't stupid . FOX TALK ABOUT BEING TRANSPARENT? UM SHE'S NOT

  39. Jeffrey Jackson says:
    3 years ago

    Food has always steadily increased. They may have a sale here and there, but these prices are here to stay.

  40. Samuela Kilakalua says:
    3 years ago

    No matter how high prices rise on goods, people will still pay for them. Either pay or starve.

  41. jose garcia says:
    3 years ago

    Fox is on the same side with cnn and the government. It's all a stage. A movie for us to enjoy. because real life would be boring.

  42. Linda Abold says:
    3 years ago

    Food shortages are being CREATED. At the order of state ad federal gov. food is being destroyed. VOTE and PRAY!!!!

  43. SuzQ71 says:
    3 years ago

    🤣 Larry Fink is the fox in the hen house pleassse Faux

  44. Jeremiah R says:
    3 years ago

    A hundred food factories burned down!!!

  45. D Beaird says:
    3 years ago

    YEA! MR. BILLIONAIR! AND YOU HAVE ENOUGH MONEY TO FIX IT! BUT, YOU WOULD RATHER
    THROW INTO THE FACES OF THE PEOPLE AND SIT EATING ICECREAM WITH JOE BLOW AND LAUGH AT US COMMON EVERYDAY PEOPLE AND BET WITH EACH OTHER WHO WILL STARVE FIRST THE ELDERLY, THE POOR, OR MIDDLE CLASS!
    AND JUST LIKE TRADING PLACES WITH EDDIE MURPHY! THE LOSER GIVES THE WINNER A DOLLAR!
    I FIND IT VERY SAD BILLIONAIRS ARE SO BORED THEY BET WHO WILL DIE FIRST! SOUNDS LIKE A PRETTY PATHETIC LIFE TO ME!
    WHEN YOU HAVE EVERYTHING AND ARE STILL NOT SATISFIED!
    THE GAMES OF THE RICH AND FAMOUS IS ONE OF THE MOST PATHIC THINGS IN THIS WORLD!
    JUST PROVES MONEY CAN NOT BUY YOU HAPPINESS! AND IT IS THE ROOT OF ALL EVIL!
    JUST TAKE A LOOK AT THE UNITED STATES GOVERNMENT ITS THE PERFECT EXAMPLE! ALSO LOOK IN THE MIRROR!

  46. I'm a Covid variant says:
    3 years ago

    He brought up the plants that were destroyed to her and she totally ignored him

  47. Jacques Shepperson says:
    3 years ago

    FOOD prices will not drop….to previous levels.

  48. Doug Turn says:
    3 years ago

    Guy could lose some weight.

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