{"id":2352328,"date":"2024-10-08T18:54:01","date_gmt":"2024-10-08T22:54:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americas-biggest-french-fry-supplier-forced-to-make-significant-cuts-as-inflation-takes-a-toll\/"},"modified":"2024-10-08T18:56:07","modified_gmt":"2024-10-08T22:56:07","slug":"americas-biggest-french-fry-supplier-forced-to-make-significant-cuts-as-inflation-takes-a-toll","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americas-biggest-french-fry-supplier-forced-to-make-significant-cuts-as-inflation-takes-a-toll\/","title":{"rendered":"America&#8217;s Biggest French Fry Supplier Forced to Make Significant Cuts as Inflation Takes a Toll"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Famericas-biggest-french-fry-supplier-forced-to-make-significant-cuts-as-inflation-takes-a-toll%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2352328&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Lamb Weston,\u200c a major supplier of french \u2063fries to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/restaurants-face-worker-shortages-as-pandemic-subsides\/\" title=\"Restaurants face worker shortages as pandemic subsides\">fast food chains<\/a> like McDonald&#8217;s, is experiencing significant financial struggles due to \u200ba decline in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-do-historys-greatest-monsters-all-drink-diet-coke\/\" title=\"FACT CHECK: Do History\u2019s Greatest Monsters All Drink Diet Coke?\">fast food consumption<\/a>, which has \u2062been exacerbated by inflation and rising prices. The company announced it\u2062 will lay off approximately 400 employees, representing 4% of its workforce, and \u200cclose\u200b a\u200c production\u200b facility in \u2062Washington state as part \u200dof its \u2063restructuring \u2064efforts. Fast food\u200c traffic has dropped 2%\u2063 in the last quarter, following a 3%\u2064 decline the previous quarter. The overall \u2064sales have\u2063 dipped, with \u200da reported 34% decline in net income compared to the \u2063previous year. Lamb\u200b Weston attributes the falling sales to\u2062 customers opting for \u2062smaller meal deals \u200band reduced consumption at fast food outlets, which are experiencing price increases. The rising cost of fast food items has been\u2062 a concern, with reports \u200bindicating that prices\u2064 for items like french\u200c fries and Big Macs have soared significantly\u200c since the current U.S. administration took office.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>The company that stocks McDonald&rsquo;s with its french fries is paying the price for Americans&rsquo; inflation-induced turn away from fast food.<\/p>\n<p>Lamb Weston, North America&rsquo;s king of fries and a major supplier to fast food chains, is cutting jobs amid falling profits, according to <a href=\"https:\/\/www.cnn.com\/2024\/10\/08\/business\/mcdonalds-french-fries-lamb-weston\/index.html\" target=\"_blank\" rel=\"noopener\">CNN<\/a>.<\/p>\n<p>The company will lay off about 400 people, which amounts to 4 percent of its workforce at a time when its  price has fallen 25 percent this year. It is closing a production facility in Washington state as well.<\/p>\n<p>About 80 percent of french fries consumption in America comes from <a href=\"https:\/\/www.westernjournal.com\/fast-food-slipping-many-americans-price-range\/\" target=\"_blank\" rel=\"noopener\">fast food<\/a> chains, according to the company.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I remember a time when I would eat at fast food places because I didn&rsquo;t have much money.<\/p>\n<p>Look how much fast food prices are up despite inflation only being up 31%.<\/p>\n<p>McDonald&rsquo;s prices up 100% since 2014. <a href=\"https:\/\/t.co\/BpgvpgBh0b\">pic.twitter.com\/BpgvpgBh0b<\/a><\/p>\n<p>&mdash; &#128175; Cary Kelly &#128175; (@CaryKelly11) <a href=\"https:\/\/twitter.com\/CaryKelly11\/status\/1832395988092280872?\">September 7, 2024<\/a><\/p>\n<\/blockquote>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/mark-levin-uses-6th-grad-econ-test-show-harris-inflation-plan-wont-work\/\" target=\"_blank\" rel=\"noopener\">McDonald&rsquo;s<\/a> is Lamb Weston&rsquo;s largest customer, making up about 13 percent of its sales.<\/p>\n<p>The company said promotions that offer low prices are cutting back what consumers buy.<\/p>\n<p>&ldquo;Many of these promotional meal deals have consumers trading down from a medium fry to a small fry,&rdquo; Lamb Weston CEO Thomas Werner said during an earnings call.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We cannot reward incompetence and deceit.<\/p>\n<p>2 years ago, Kamala Harris cast a tie-breaking vote in the senate for the &ldquo;<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/humiliation-for-kamala-harris-biden-admits-inflation-reduction-act-name-was-a-mistake\/\" title=\"Humiliation for Kamala Harris: Biden Admits &#039;Inflation Reduction Act&#039; Name Was a Mistake\">inflation reduction act&#038;rdquo<\/a>;.<\/p>\n<p>Kamala casting the tie-breaking vote on the &lsquo;Inflation Reduction Act&rsquo;<\/p>\n<p>She&rsquo;s responsible for inflation.<\/p>\n<p>We are now over $35 Trillion&hellip; <a href=\"https:\/\/t.co\/g1JcvBlFNf\">https:\/\/t.co\/g1JcvBlFNf<\/a> <a href=\"https:\/\/t.co\/U4PHeHLLrU\">pic.twitter.com\/U4PHeHLLrU<\/a><\/p>\n<p>&mdash; Eloisa Elias (@eloeliasds) <a href=\"https:\/\/twitter.com\/eloeliasds\/status\/1841327633772269853?\">October 2, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Consumers are also shunning fast food.<\/p>\n<p>Lamb Weston says that fast food traffic overall dipped 2 percent in the last quarter after a 3 percent drop the quarter before that.<\/p>\n<p>In a recent post on its <a href=\"https:\/\/news.lambweston.com\/newsroom-home\/press-release-details\/2024\/Lamb-Weston-Reports-First-Quarter-Fiscal-2025-Results-Announces-Restructuring-Plan-and-Updates-Fiscal-Year-2025-Outlook\/default.aspx\" target=\"_blank\" rel=\"noopener\">website<\/a>, Lamb Weston said that over the past quarter, its net income dropped 34 percent.<\/p>\n<p>North American sales were down &nbsp;$31.7 million a 3 percent decline over the same quarter in 2023, the company said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">A Biden-Harris one-two punch to Americans&rsquo; wallets.<\/p>\n<p>This administration&rsquo;s historic inflation is hurting everyone.<a href=\"https:\/\/t.co\/go5aV9ZvKU\">https:\/\/t.co\/go5aV9ZvKU<\/a><\/p>\n<p>&mdash; Senator Eric Schmitt (@SenEricSchmitt) <a href=\"https:\/\/twitter.com\/SenEricSchmitt\/status\/1817999456031121412?\">July 29, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In May, the <a href=\"https:\/\/www.gop.gov\/news\/documentsingle.aspx?DocumentID=801\" target=\"_blank\" rel=\"noopener\">House Republican Conference<\/a> noted that fast food prices have soared during the <a href=\"https:\/\/www.westernjournal.com\/televised-msnbc-focus-group-goes-horribly-wrong-gen-z-voters-slam-biden-harris-economy\/\" target=\"_blank\" rel=\"noopener\">Biden-Harris<\/a> administration.<\/p>\n<p>Republicans said that as of May, the price of a medium order of french fries at McDonald&rsquo;s was up 167.6 percent<\/p>\n<p>The price of a Big Mac meal rose 103.5 percent since President Joe Biden and Vice President Kamala Harris took office, while the price of a Hamburger Happy Meal rose 140.6 percent, the GOP study said.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ]; 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( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> <\/p>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lamb Weston, the main supplier of french fries to McDonald&#8217;s, is facing challenges due to a decline in fast food consumption linked to inflation. The company plans to lay off around 400 employees, representing 4% of its workforce, and will also close a production facility in Washington state. Fast food traffic has decreased by 2% recently, contributing to a 34% drop in net income for Lamb Weston<\/p>\n","protected":false},"author":1,"featured_media":2352329,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/10\/fries.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[15721,35077,42591,35124,5708],"class_list":["post-2352328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-agriculture","tag-economic-impact","tag-food-supply","tag-french-fries","tag-inflation"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/10\/fries.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2352328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2352328"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2352328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2352329"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2352328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2352328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2352328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}