Title : Food Shortages Are The Next Supply-Chain Crunch
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Food Shortages Are The Next Supply-Chain Crunch
Bloomberg: ‘People Are Hoarding’: Food Shortages Are The Next Supply-Chain Crunch
(Bloomberg) -- In Denver, public-school children are facing shortages of milk. In Chicago, a local market is running short of canned goods and boxed items.
But there’s plenty of food. There just isn’t always enough processing and transportation capacity to meet rising demand as the economy revs up.
More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.
“I never imagined that we’d be here in October 2021 talking about supply-chain problems, but it’s a reality,” said Vivek Sankaran, chief executive officer of Albertsons Cos., who echoed the laments of other retailers. “Any given day, you’re going to have something missing in our stores, and it’s across categories.”
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WNU Editor: At the start of the pandemic a number of people asked me on what they should invest in.
I said precious metals, products that preppers like to have, essential household products, and on the top of my list .... food.
18 months later I am still doing the same thing, and I have no regrets.
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