Rising commodities costs hit Americans at home and on road
May 12, 2021 1 min, 9 secs

The government said Wednesday that consumer prices surged 0.8% in April from March, while the year-over-year rise was the fastest since 2008.

Consumers have been warned: Cheerios maker General Mills is considering raising prices on its products as grain, sugar and other ingredients become more expensive.

Soda giant Coca-Cola has said it expects to raise prices to offset higher costs.

Procter & Gamble is raising prices for baby, feminine and adult care products.

The price of corn is up 57% in 2021 and has more than doubled in the past year, while soybean prices are up more than 25% since Jan.

On an earnings call with investors, chicken producer Tyson Foods said feed ingredients last quarter were $135 million higher than the same quarter last year.

Homebuilders are racing to capitalize on the strong demand, but that’s stoking inflation in building materials like lumber, which is up more than fourfold from a year ago, according to FactSet.

While building materials prices always fluctuate, the volatility has been heightened over the past year as the pandemic led to factory closures, a shortage of truckers and other logistical issues that made the supply chain unpredictable.

The price of oil is at $66.40 a barrel, the highest since 2018; more people are driving as the economy recovers from the worst of the pandemic; and some areas of the country are seeing prices rise due to the shutdown of a major pipeline.

1. 21 Voice Actors You Didn't Realize Voiced The Same Character - BuzzFeed
Jun 20, 2021 # entertainment 21 secs
2. Windows 11: Everything we want from the new Microsoft OS - CNET
Jun 20, 2021 # technology 47 secs
3. Screen all kids for heart problems, pediatricians say - Fox News
Jun 22, 2021 # health 55 secs
4. Unvaccinated Missourians fuel COVID: ‘We will be the canary’ - KTVI Fox 2 St. Louis
Jun 23, 2021 # health 2 mins, 8 secs
5. Three Doses of an mRNA Covid-19 Vaccine in Solid-Organ Transplant Recipients | NEJM - nejm.org
Jun 23, 2021 # health 10 secs
6. Senate fails to advance sweeping voting rights bill aimed at expanding early voting, registration - USA TODAY
Jun 22, 2021 # politics 2 mins, 20 secs
7. Paul Walker's Daughter Meadow Keeps His Memory Alive by Attending F9 Premiere - E! NEWS
Jun 19, 2021 # entertainment 39 secs
8. The Caligula Effect 2 Gets Extensive Trailer Showing Gameplay & Features - Twinfinite
Jun 19, 2021 # technology 13 secs
9. “Fear and Desperation Drive a Lot of Comedy”: Bill Lawrence, Chuck Lorre, Darren Star and the Comedy Showrunner Roundtable - Hollywood Reporter
Jun 18, 2021 # entertainment 7 mins, 20 secs
10. COVID-19 Vaccine Linked to Another Rare Blood Disease: Israeli Study - The Epoch Times
Jun 22, 2021 # health 35 secs
11. The Couple Who Waved Guns At BLM Protesters Plead Guilty To Misdemeanors - NPR
Jun 18, 2021 # politics 56 secs
12. Judge sides with Florida's opposition to CDC rules on cruise lines - WPLG Local 10
Jun 19, 2021 # politics 40 secs
13. AirPods vs AirPods Pro buying guide: Which should you buy in 2021? - 9to5Mac
Jun 18, 2021 # technology 2 mins, 12 secs
14. NASA, USPS team up to create stunning sun stamps - Fox News
Jun 19, 2021 # science 1 min, 18 secs
15. Tucker: This is America, not a 'third-world hell hole'
Jun 22, 2021 # breaking 2 secs
16. John Cena Confirms WWE Return On The Tonight Show With Jimmy Fallon - Wrestling Inc.
Jun 24, 2021 # entertainment 20 secs


Get monthly updates and free resources.


© Copyright 2021 365NEWSX - All RIGHTS RESERVED