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I'm planning to go through the pantry this weekend, make a large shopping list.
from https://forwardobserver.com/
Destruction and power outages are plaguing Louisiana's shipping industry. Food giant Cargill reported extensive damage to grain export facilities, while many terminals remain closed. China is already shifting October grain purchases to Brazil. Additionally, a 75-mile stretch of the Mississippi River is closed to shipping traffic due to grounded barges and sunken vessels. Officials say some of these problems could persist for weeks. Meanwhile, global wheat crop estimates were slashed, helping to push global food prices higher. (Analyst Comment: High food prices always pose the risk of civil unrest. Grain prices were the prime accelerator leading up to the 2010-2012 Arab Spring, for instance. I continue to see predictions of U.S. food shortages this year, and have read many reports of large chain stores running low on some food products. While I don't expect catastrophic shortages to occur outside a significant shock, limited selection and lower supplies will likely persist into next year. As always, our advice is to stock up sooner rather than later in case conditions worsen. - M.S.)
from https://forwardobserver.com/
Destruction and power outages are plaguing Louisiana's shipping industry. Food giant Cargill reported extensive damage to grain export facilities, while many terminals remain closed. China is already shifting October grain purchases to Brazil. Additionally, a 75-mile stretch of the Mississippi River is closed to shipping traffic due to grounded barges and sunken vessels. Officials say some of these problems could persist for weeks. Meanwhile, global wheat crop estimates were slashed, helping to push global food prices higher. (Analyst Comment: High food prices always pose the risk of civil unrest. Grain prices were the prime accelerator leading up to the 2010-2012 Arab Spring, for instance. I continue to see predictions of U.S. food shortages this year, and have read many reports of large chain stores running low on some food products. While I don't expect catastrophic shortages to occur outside a significant shock, limited selection and lower supplies will likely persist into next year. As always, our advice is to stock up sooner rather than later in case conditions worsen. - M.S.)