April CPI showed food at home up 0.7 percent monthly, biggest jump since August 2022.
Overall food inflation hit 3.2 percent year over year, up from 2.7 percent prior.
Beef, tomatoes and produce leading surges with some categories near 40 percent annual.
Iran conflict energy spike and fertilizer issues adding fresh pressure.
Shoppers report sticker shock ahead of Memorial Day cookouts.
Economists warn more pain possible later in 2026.
Fertilizer cost is about 50% of total food production costs, the price you pay at the supermarket is inflated 400% from the production costs, with all profits going to wholesale, that being said, a 30% rise in fertilizer prices only affects around 5% at the store
— J E Flores (@JEduardoFlores) May 20, 2026
And the government has done NOTHING to try and fix it. Too busy negotiating war deals.
They have completely forgotten about the American People.
We have been deserted. No life preserver. 🛟.
Remember this in November. https://t.co/izfBiDfTsw
— QE Infinity (@StealthQE4) May 21, 2026