Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing
Podcast Image

Firearms Radio Network (All Shows)

Prepping 2.0 375 – Episode 375 (Rebroadcast of Ep 143) Dan the Food Industry CEO: Warnings

14 Jan 2026

Transcription

Chapter 1: What warnings does Dan give about food shortages and inflation?

1.668 - 15.608 Dan (the food industry CEO)

The third world is an early indicator for what we can expect here at home. Massive food shortages or skyrocketing prices tend to occur in third world countries before they occur in the United States.

0

16.329 - 33.43 Glenn Tate

When disaster strikes, will you be prepared? This is Prepping 2.0 with authors and prepping experts Glenn Tate and Shelby Gallagher. On Get ready. Prepping 2.0 coming in 3, 2, 1.

0

33.95 - 58.414 Shelby Gallagher

Welcome, everyone. This is Shelby Gallagher over here at Prepping 2.0. And again, normally, this is when I say welcome to my co-host in life and co-host on the show, Glenn Tate. He is not with us today for two reasons. One, he's not here. That's obvious. Two, as many of you know, we're moving. And half of the studio has been disassembled. So it's just me, which is great.

0

59.275 - 82.536 Shelby Gallagher

The bus is moving forward. It feels really good to... get to the end of our move that we've been talking about for, it seems like, yeah, since the beginning of the year. So just so you know, that's what's going on. But I'm really excited. Today's guest is one of our ongoing guests that we have when it's time to have him on. And that's Dan, the food industry guy. Dan, welcome to the show.

0

83.343 - 84.965 Dan (the food industry CEO)

Hi, Shelby. Thanks for having me.

84.985 - 106.594 Shelby Gallagher

Oh, I'm so glad. I love having you. You bring so much knowledge that I was telling you this out there. I just sit and listen. Dan sent to myself and to Glenn a few days ago, a little outline, a little update on what's going on. And I have to say, just so listeners know, we check in with him often. Hey, is there anything that we should know about? And Dan's honest.

106.634 - 109.958 Shelby Gallagher

He'll say, no, it's kind of status quo, you know, just kind of

110.832 - 138.527 Shelby Gallagher

nothing's changed that people should know about well this last email there's there's more happening and so um real quick before i ask my first question i want to give a i always like to do this give a quick shout out to one of our great sponsors um i'm gonna say a big shout out to minute men coffee because if you can't tell i've had a little bit of that today love minute men coffee they are fueling the glenn and shelby move right now i'm not gonna lie i'm not sleeping great i'm

138.507 - 160.702 Shelby Gallagher

It's a lot of stress. So encourage you to go over and check them out. They're great patriots over there. Great supporters of the American way of life and all the things that we as preppers hold near and dear to our hearts. Encourage you to use the coupon code. I miss America. You get 15% off your entire order. Other great sponsor of ours. Love them too. EMP Shield.

Chapter 2: How do international events impact food supply in the U.S.?

533.302 - 556.318 Shelby Gallagher

Now, this is going to be worldwide trends. And and I think that that's logical because that's that's. And you kind of gave that hint on the show that we had you on last, which was, my goodness, it seems like ages ago. It was like last September or so when you said, no, this is going to start affecting the worldwide stage. And here we are. Yeah. Right.

0

556.298 - 581.629 Shelby Gallagher

So the next question, we're going to get off the international stage here. So I did a show recently where I kind of piggybacked and did some commentary on a show that Glenn Beck did on the meat mafia. And I don't need you to. I think I've covered that enough, but he definitely does. He Glenn Beck really hit on U.S. inventory levels. You hinted you've hinted at that at every time we've had you on.

0

582.23 - 584.112 Shelby Gallagher

So where are we at with that right now?

0

584.868 - 612.264 Dan (the food industry CEO)

Sure. Yeah. Inventory levels is something I think I've mentioned every time I've been on. Exactly. So inventory levels right now are worse than they've ever been since the stat began, which I believe was 92, 91, 92 is when Fred, the St. Louis Fed said, data site started monitoring US inventory levels. So now what they monitor is all retail.

0

612.524 - 638.945 Dan (the food industry CEO)

So that is the sporting goods store, it's the grocery store, it's the hardware store, it's just inventory, right? Inventory levels typically hover around 1.5 to 1.6. And what that means is that there are 1.5 to 1.6 months of inventory virtually ready to go. So that's on the store shelves, in the distribution centers, in the warehouses, etc.

639.966 - 670.139 Dan (the food industry CEO)

Last spring, during the COVID rush, all the people who weren't preppers rushing out and becoming preppers, or they thought they were, that pushed our inventory levels down to about 1.2. Okay, so last spring was about a 0.3 to 0.4 drop. Well, right now we're at 1.0. So what that means is we've gone from a month and a half to a little over that of inventory on backlog to about one month.

670.159 - 687.066 Dan (the food industry CEO)

And that's nationally on all categories. So that might not sound like a lot. And for people not in the industry, it's like, okay, 1.5 to 1.0, no big deal. But what that means is that we've lost two weeks from our typical supply, our six-week supply.

687.468 - 708.379 Dan (the food industry CEO)

And as prices continue to escalate, which we'll talk about that later, too, as freight and shipping goes up, as it's doing right now, as inflation keeps taking bites out of things, that number is going to keep shrinking. The chart, you can look at the St. Louis spread and inflation.

709.49 - 733.472 Shelby Gallagher

look at this stat for yourself the chart looks like a lightning bolt going straight down is what the chart looks like yeah i was he sent me folks he sent me a link and i looked at it oh my gosh yeah you did and yeah it is hovering at this you know since 1991 when this started just hovering up there it drops a little bit in the 2000 and teens and then it's it's a it's a drop it's like

Chapter 3: What are the current inventory levels of food products?

0

857.163 - 875.944 Shelby Gallagher

Yes. That's not a consumable. I'm going to buy a printer and hopefully it'll last a lot longer than my last one did. But food, if I buy, you know, I don't know, a pound of apples this week, I might need another pound of apples. So I feel like food has a higher burn rate. I don't know if that's the right way to phrase it, but... Yeah, and it's a necessity.

0

875.964 - 892.264 Dan (the food industry CEO)

Yeah, it absolutely does. And consumer, any kind of consumables, which typically that includes everything from toilet paper to toothpaste to food to bottled beverages, right? Consumables do have a very high burn rate just because very few people stock up on those things.

0

893.105 - 912.733 Dan (the food industry CEO)

And so you have a higher retailer level burn rate on those things because the typical person only buys two or three days worth of groceries at a time. If everyone bought once a month, technically the burn rate's the same, but the stress on the retailer's less. Right. So, yes, you're correct in your assumption there.

0

913.113 - 927.784 Shelby Gallagher

So, wait a minute. So, if I stockpile, I don't know, because I might be a prepper, food for a month, that actually provides ease on the retailer, right? Really? That is not what the news is telling me.

928.205 - 945.878 Dan (the food industry CEO)

Unless you get into a last spring type scenario where everyone does it. But the further out the purchases are spread and the bigger the purchase is, retailers would never tell you this because... Well, they have their reasons, but retailers will not tell you this.

945.919 - 954.892 Dan (the food industry CEO)

But what happens is if ordering, if the retailers are able to order larger quantities of things less frequently, it's cheaper for them.

955.693 - 955.873 Shelby Gallagher

Oh.

956.194 - 970.735 Dan (the food industry CEO)

So if I can order a truckload of peaches, right, and I can bring it to my distribution center, that's a lot cheaper for me than if I bring in a quarter truck and I have to find something else to fill in the gaps.

Chapter 4: What factors are driving food price inflation?

1761.41 - 1791.742 Dan (the food industry CEO)

that have decimated these small to mid-sized food manufacturing companies, not just in the US, but really worldwide. So that's really complicating the issue because consumer demand has not dropped for food, right? It has not. But now they're pulling from larger companies that have to attempt to ramp up production in the face of severe price increases and severe increases in labor costs as well.

0

1792.303 - 1820.165 Dan (the food industry CEO)

So similar to how COVID shutdowns really destroyed the mom and pop main street type businesses all across the country, that happened in food, too. So there's just not, you know, Heinz no longer has a competitor, right, in a lot of what they're selling. And that makes our supply chain weaker because if Heinz has issues with supply, there's no one to fill those gaps. Anyway, we can move on.

0

1820.205 - 1847.539 Dan (the food industry CEO)

I just want to put a little bit of a finer point on that. Anyway, so other things is I've talked about some shortages, but one of the things that's happening, too, is grocery chains and distributors and food service as well have all been attempting to order. 25 to 30% above what would be considered baseline for this time of year.

0

1847.98 - 1872.517 Dan (the food industry CEO)

And what they're trying to do is they're trying to get theirs and stockpile a little bit because a lot of these chains have built warehouses to hold greater supplies. So the ordering pressure on a lot of these companies is only going up. And a lot of companies quite simply can't meet that supply. A lot of restaurants, for example, are going to QR code menus.

0

1872.597 - 1875.34 Dan (the food industry CEO)

I don't know if you've seen that in the Pacific Northwest.

1875.42 - 1876.061 Shelby Gallagher

Yes, we have.

1876.361 - 1891.958 Dan (the food industry CEO)

That happened a little bit a couple of years ago, but now it's really going mainstream. And, you know, a big reason for that is, oh, it's cleaner. It's just a piece of paper. You take a picture and throw it away. But another reason for that is because a lot of restaurants are

1892.427 - 1902.054 Dan (the food industry CEO)

have had such issues with the supply chain, getting what they have ordered to them through their distributors, that sometimes their menu changes every couple of days.

1902.375 - 1904.04 Shelby Gallagher

Oh yeah, I've seen that too.

Chapter 5: How has the pandemic affected food production and supply chains?

2493.407 - 2513.469 Shelby Gallagher

And I would get kind of irritated at that. I'm like, don't tell me you have something and you don't have it. Now, it happened to me again with the print. He goes, yeah, we don't have any at all. I'm like, Why? I finally just said, why? Why do you put out that you're selling something and you don't have it? And he said, well, right now, supply line. I'm like, okay, okay, okay, okay, okay.

0

2513.549 - 2536.509 Shelby Gallagher

I get it. I get it. I'm going to give you a break on that one, sir. So the next one I really want to talk about, I'm serious, Dan is the best guest because he comes with a great outline. The quality of crops and the reason why I'm excited to talk about this and we have, gosh, let me look, about 10 minutes to hit on this and whatever we don't cover, we're going to take it into the after show.

0

2537.17 - 2559.052 Shelby Gallagher

We're going to talk about quality of crops in just a moment because you talked about this when we had our last show with you last September. It was one of the Oh, it could be happening. We have such a stress being put on our crops and the next crop season needs to be awesome. And it's not looking that way, folks.

0

2559.072 - 2583.784 Shelby Gallagher

But let me, before I'm going to tease you with that, because I want to talk about our last sponsors here. Numana Foods. Get them. If you have listened thus far, look up Numana Foods. You can find all of our sponsors at prepping2-0.com. Click on friends and affiliates. Great folks over there. They specialize in bulk, freeze-dried food, organic, gluten-free, all of those specialty sort of diets.

0

2584.165 - 2607.66 Shelby Gallagher

Yeah. Seems important now, doesn't it? Use the word prep lowercase at checkout and you get 10% off. Other great folks that we want to do a quick shout out to, you were just speaking of steel having, there's a huge shortage in the steel industry. Katie Armour, C-A-T-I Armour specializes in... in steel body armor for the average Joe American.

2607.7 - 2627.792 Shelby Gallagher

And so when you see the political unrest in the cities that we're having with people just kind of pulling out of your car or attacking your home, steel body plates could be very helpful. And who knows how much longer we may be able to get them, whether there be a shortage or whether our government takes that right away. Again, you can find them over on our Web site.

2627.975 - 2653.341 Shelby Gallagher

Use the term grant, G-R-A-N-T at check in to get 10% off your order. Another great folks, Backwoods Home Magazine. I talked about this recently. I'm almost done packing up our entire house. Just packed up recently the whole stack of Backwoods Home Magazine. And I went down memory lane a little bit. I love them. Every issue is a great resource. And we keep them all.

2653.321 - 2673.928 Shelby Gallagher

Because it's a great repository of information. I encourage you to check them out. Look at Backwoods Home Magazine. Use the discount code 6, the digit 6-O-F-F. You get $6 off your subscription. So, quality of crops. All I have in my outline here that Dan wrote to me, not great. What does that mean, Dan?

2675.005 - 2679.809 Dan (the food industry CEO)

It just means that the quality of crops is not great. You want to move on to the next thing?

Chapter 6: What is the state of crop quality this year?

3045.837 - 3058.189 Shelby Gallagher

We only have about a minute, but I'd love to hear just your summation maybe, and we can take it into the after show. What's life like in the whole protein business? Beef, chicken, pork, yeah.

0

3059.114 - 3076.534 Dan (the food industry CEO)

Yeah, a lot of that remains to be seen. It's kind of stumbled along as is. Costs are certainly rising because grain costs are rising. But a lot of that remains to be seen based on when the cereal grains are kind of finalized.

0

3076.554 - 3092.747 Dan (the food industry CEO)

When those harvests are actually in, fully in, then we'll have a much better picture of what we're looking at because those prices are going to directly correspond to protein. And protein prices, they went down for a little while, but they're creeping back up now.

0

3092.768 - 3094.437 Shelby Gallagher

Oh, they're going up a lot.

0

3094.923 - 3121.099 Dan (the food industry CEO)

Yeah so you're gonna start seeing my best guess and I will say this is a guess is that when the cereal crops are finally in and we see what we're actually dealing with that the protein prices at that point are gonna go back up but here's the thing you can feed a pound of grain to a human being and they get so much sustenance out of it it's gonna take a lot of pounds of that same grain to get one pound of protein.

3121.315 - 3137.509 Dan (the food industry CEO)

So when you start seeing those stresses in the system when it comes to cereals, on a macro level, governments of the world would far rather feed their people a pound of grain than to use six, seven, eight pounds of grain to produce a pound of beef. So protein is always a weakness.

3137.709 - 3144.555 Shelby Gallagher

I'm going to stop you right there, folks. Join us in the after show. Failing to prepare is preparing to fail. Have a great week, everyone.

3144.676 - 3170.543 Glenn Tate

You've been listening to Prepping 2.0 with authors Glenn Tate and Shelby Gallagher. All the information you've heard today, including all our previous shows, is online at Prepping2-0.com. Find out more about Glenn's books at 299days.com and Shelby's books at agreatstate.com. Until next time, be smart, be safe, and be prepared.

Comments

There are no comments yet.

Please log in to write the first comment.