With new tariffs driving up agricultural costs and food prices, farmers, grocers, and food businesses face financial strain. Marvell Foods offers a vital solution—perfectly wholesome, discounted surplus food that helps companies stay profitable while ensuring consumers can still access affordable products. As costs rise, Marvell Foods provides a much-needed economic buffer.
This post explains how and why food costs will rise for farmers, agriculture, retailers, and consumers. At the bottom of the post are two graphs taken directly from newly released government statistics that illustrate the rise in costs for two key demographic audiences within the food industry. Graph 1 shows rising costs for Food Manufacturers, Graph 2 shows rising costs for Food & Beverage Retailers.
The recently announced tariffs on agricultural imports are expected to significantly affect farmers, food producers, restaurants, and grocers. President Trump’s decision to implement a 10% baseline tariff—along with steep tariffs on China (34%) and the EU (20%)—will increase costs and disrupt the food supply chain.
What This Means for the Industry:
- Farmers face rising costs for equipment, animal feed, and agricultural supplies.
- Export markets shrink, leading to potential financial losses.
- Restaurants and grocers struggle with higher wholesale prices.
- Consumers bear the brunt as food prices increase nationwide.
The latest round of tariffs resulted in billions of dollars in lost revenue for farmers, necessitating government bailouts. Although financial assistance might be available, businesses require immediate solutions to address these escalating costs.
How Marvell Foods Helps:
- Sourcing discounted surplus food—helping businesses save on costs.
- Supporting farmers and manufacturers by offering a secondary market for overstocked goods.
- Offering affordable food solutions for restaurants, grocers, and institutions
- Minimizing waste while maintaining affordability for both businesses and consumers.
GRAPH 1 – FOOD MANUFACTURERS
GRAPH 2 – FOOD AND BEVERAGE RETAILERS
With food prices projected to increase significantly, Marvell Foods offers a vital solution for those impacted by these economic changes. By providing high-quality, discounted food products, Marvell Foods assists businesses in staying competitive and profitable while ensuring consumers have access to affordable, nutritious food.
As tariffs reshape the agricultural industry, smart sourcing strategies, such as those provided by Marvell Foods, are increasingly important. Businesses that adapt now will be better positioned to endure the forthcoming economic pressures.
CONTACT MARVELL FOODS TODAY
Marvell Foods has helped businesses transform excess inventory into cash for decades while reducing food waste and keeping supply chains moving. Now, more than ever, the food industry has a reliable, proven, and trustworthy alternative in Marvell Foods, the nation’s leading Secondary Food Market supply source, to fulfill a wide array of food needs with perfectly wholesome and affordable options. Contact: Marilyn Raybin, Pres. 561-213-2289 | [email protected] | MarvellFoods.com