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☆ Why are frozen vegetable prices so high? Blame war, fewer immigrants and California weather, say economists
▼ + stars: | 2023-07-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

"Some areas were just inundated," which had the effect of decreasing vegetable supply, Tronstad said. Overall, the state accounts for nearly half of U.S. vegetable production, according to California Polytechnic State University. George Rose/Getty ImagesBut weather — and its negative impact on crop supply — isn't the only contributor to higher prices for frozen vegetables. The higher prices give farmers a "strong incentive" to plant these commodity products over others (like vegetables), a dynamic that could decrease vegetable supply, Bodor said. Labor supply pressured by reduced Mexican migrationLong-term immigration trends are also serving to put upward pressure on labor costs for farmers, economists said.

Persons: Tayfun, Tronstad, Pam Knox, George Rose, Alison Bodor, Bodor, Trey Malone, Zach Rutledge, Rutledge, Russell Tronstad Organizations: Anadolu Agency, Getty, State, Central Valley . Citizen, Getty Images, California Department of Food, Agriculture, California Polytechnic State University, University of Georgia, Food, Growers, University of Arkansas, Labor, Michigan State University, University of Arizona U.S, Agricultural Workers Survey, University of California Locations: Lompoc , California, Sierra Nevada, Central Valley ., Getty Images California, brussels, U.S, Ukraine, Sacramento, San Joaquin Rivers, Rio Vista , California, Mexico, Davis

☆ Surging frozen food demand may stress critical cold storage supply chains
▼ + stars: | 2023-07-18 | by ( Andrea Miller | In Dreajmiller | ) www.cnbc.com time to read: +3 min

Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the massive $265 billion global frozen food market may be put at risk. In 2022, frozen food sales in the U.S. reached more than $72 billion, according to the American Frozen Food Institute. During the coronavirus lockdowns in 2020, frozen food sales reached more than $65 billion, according to the institute. Approximately 13% of all food produced globally is lost due to poor cold storage supply chains every year, according to a study from Columbia University's Climate School. Watch the video above to learn more about the influence of frozen food, the global cold storage supply chain infrastructure, what it takes to freeze food products and what's next for this growing section of the grocery store.

Persons: Brian Choi, Alison Bodor, Sonia Punwani, Tony Atti, Jeff Rivera Organizations: The Food Institute, CNBC, Food Institute, Cargill Protein North, Columbia University's Climate, Logistics Locations: U.S, Columbia, Michigan

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