Henry Olsen, senior fellow at the Center for Ethics and Public Policy and columnist for the Washington Post:

“In the short term, consumers can expect price increases across the board.”

“I expect people to be shocked in almost every aspect of their lives in the next few months.”

America’s biggest cash crop has rarely been more expensive.
Corn prices have risen roughly 50% in 2021 and a bushel costs more than twice what it did a year ago.

Costs for apples are up 10% to 20% depending on the variety, said Mike Ferguson, vice president of produce and floral at Topco Associates LLC, an Elk Grove Village, Ill.-based cooperative of more than 40 food companies including grocer Wegmans Food Markets Inc. Bananas and leafy greens are more expensive too, Topco said, while vegetable oils and oil-heavy products like salad dressing and mayonnaise are also getting pricier in part because of higher ingredient prices.

On Thursday, American Homes 4 Rent, which owns 54,000 houses, increased rents 11% on vacant properties in April, the company reported in a statement

Bank of America

The record rise in prices for used cars in April did not stop

In mid-April, the price index increased by 52.2% compared to the same date a year ago

In previous years (from 1995 to 2019) the average price increase was 1.5-2% per year

Presently used car prices prices have increased by about the same amount over the year as in the previous 25 years combined

US prices of 3/4″ Plywood Standard:

• March 2020 – $37.98 /sheet
• February 2021 – $72.49 /sheet
• March 2021 – $83.49 /sheet
• April 2021 – $95.98 /sheet

That is 252% price increase on one of the most used piece of common lumber for construction.

Tin prices

Global food commodity prices rose in March, marking their tenth consecutive monthly increase, with quotations for vegetable oils and dairy products leading the rise, the Food and Agriculture Organization of the United Nations (FAO) reported today.

The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 118.5 points in March, 2.1 percent higher than in February and reaching its highest level since June 2014.

And now it is used cars even

Pure-play foundries United Microelectronics (UMC) and Powerchip Semiconductor Manufacturing (PSMC) will initiate further price hikes of about 10-20% with the new pricing to be effective starting April.

• "The coronavirus [COVID-19] pandemic is affecting us in terms of getting material to build from local and our overseas third- and fourth-tier suppliers. Suppliers are complaining of [a lack of] available resources [people] for manufacturing, creating major delivery issues." (Computer & Electronic Products)
• "Supply chains are depleted; inventories up and down the supply chain are empty. Lead times increasing, prices increasing, [and] demand increasing. Deep freeze in the Gulf Coast expected to extend duration of shortages." (Chemical Products)
• "Steel prices have increased significantly in recent months, driving costs up from our suppliers and on proposals for new work that we are bidding. In addition, the tariffs and anti-dumping fees/penalties incurred by international mills/suppliers are being passed on to us." (Transportation Equipment)
• "We have experienced a higher rate of delinquent shipments from our ingredient suppliers in the last month. We are still struggling keeping our production lines fully manned. We anticipate a fast and large order surge in the food-service sector as restaurants open back up." (Food, Beverage & Tobacco Products)
• "Overall capacities are full across our industry. Logistics times are at record times. Continuing to fight through shipping and increased lead times on both raw materials and finished goods due to the pandemic." (Fabricated Metal Products)
• "Prices are going up, and lead times are growing longer by the day. While business and backlog remain strong, the supply chain is going to be stretched very [thin] to keep up." (Machinery)
• "Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages." (Electrical Equipment, Appliances & Components)
• "Labor shortages at suppliers are affecting material deliveries and prices." (Plastics & Rubber Products)
• "We have seen our new-order log increase by 40 percent over the last two months. We are overloaded with orders and do not have the personnel to get product out the door on schedule." (Primary Metals)
• "A sense of urgency is being felt regarding new orders. Customers are giving an impression that a presence of stability is forthcoming and order flow is increasing." (Textile Mills)
• "Prices are rising so rapidly that many are wondering if [the situation] is sustainable. Shortages have the industry concerned for supply going forward, at least deep into the second quarter." (Wood Products)