As Thanksgiving approaches in the United States, families nationwide are grappling with the steepest rise in food prices in decades. Data shows a 30% cumulative increase since 2020, with essential holiday items like turkeys and canned goods becoming luxury items for many households.
The recent 45-day federal government shutdown – the longest in US history – exacerbated food insecurity, leaving millions reliant on suspended nutrition assistance programs. While operations have resumed, Miami food bank coordinator Elena Rodriguez notes: "Our shelves are emptier than ever, but demand keeps growing. This crisis didn't start with the shutdown and won't end with it."
Asian markets are monitoring the situation closely, given the US's role in global agricultural trade. "Price fluctuations in American staples could ripple through international supply chains," warns Singapore-based economist Dr. Rajiv Menon. Meanwhile, Asian diaspora communities in the US report adapting traditions – from potluck-style gatherings to ingredient substitutions – to preserve cultural celebrations amid economic strain.
