Cayman Islands, Caribbeanand International News
Thursday, May 23, 2024

Food banks ‘not immune’ to inflationary pressures: Feeding America president

Food banks ‘not immune’ to inflationary pressures: Feeding America president

Nationwide surge in food bank demand ‘not a sustainable situation' as donations decrease, Katie Fitzgerald warns

As 65% of food banks across the country report surging demand, Feeding America President Katie Fitzgerald confirmed on "Varney & Co." Thursday, that inflationary pressures are impacting operations and driving more people to seek help - many of whom who’ve never requested food assistance before.

"We are seeing a hunger crisis in this country that is really in some ways worse than what we saw at the height of the pandemic," Fitzgerald told FOX Business’ Stuart Varney. "The problem that we're seeing is that food banks are not immune to these inflationary pressures. So they're dealing with trying to address this issue, having to face just insurmountable costs to their way of conducting business."

According to the Consumer Price Index (CPI) – which is a broad measure of the price for everyday goods – food prices have outpaced overall inflation, rising 10.4% in June compared to a year ago. This takes into account food at home and at restaurants.

Inflation for food-at-home, which accounts for grocery store and supermarket food purchases, rose even higher to 12.2%, underscoring how consumers are not getting much reprieve by trying to cook at home.

A food bank executive in Pennsylvania covering the Philadelphia area noted during a live report on "Varney & Co.," Thursday, that many people are currently "struggling for the first time" amid the inflationary environment.

"A lot of people are finding that they are having to decide between paying for a bill, paying for gas, or paying for food," Chelsea Short, the director of communications at Philabundance, told FOX Business’ Jeff Flock during the live report.

She noted that her food bank has seen a surge in demand as prices for everything – including gas and food – has soared. Short told Flock that, prior to the pandemic, Philabundance was feeding approximately 90,000 people per week, and said that figure has now grown to 140,000.

Not only are food banks faced with increased costs, according to Fitzgerald, but food donations have also seen a tumble amid 40-year high inflation.

"Food donations are down. The supply chain and the tight inventories in the food supply chain are making it very difficult for food banks to get food donated," Fitzgerald explained. "Federal commodity food is down, and so food banks are trying to purchase their way out of this problem."

But food banks’ purchasing power is shrinking, with Feeding America partners expecting to spend 70% more on food costs this year compared to last year, the president noted.

"Our members are telling us that they're running deficit budgets and really asking folks in communities who can help to help as much as they can by donating to their local food bank and helping donate food wherever possible," Fitzgerald said.

The situation is one that’s "not sustainable" for food banks, the president warned.

"There are 66 billion pounds of food in the United States that goes to waste every year. And we know that we can recover more of that food," Fitzgerald said. "We think we can recover another billion in the retail channel alone."

The Feeding America president called to action a nationwide effort to fix "a problem that can be solved."

"Government, private sector, food donors and folks who can contribute and raise awareness about this really solvable, but really difficult problem," Fitzgerald said.


Related Articles

Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner