Meat and poultry shortages on the way with big price increases for consumer's! What next.
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If the meat plants wind up going bankrupt, it will get even worse. It takes a lot of capital to restart these facilities and ramp them up once they shut down. Right now capital is getting in short supply as the government diverts it to for the purpose of paying people not to work.
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Originally posted by Austrian Economics View PostIf the meat plants wind up going bankrupt, it will get even worse. It takes a lot of capital to restart these facilities and ramp them up once they shut down. Right now capital is getting in short supply as the government diverts it to for the purpose of paying people not to work.
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Cheap food policy means that they got it wrong. Processor consolidation worked until lately. No matter the commodity, we have lost our local processing processing capacity and now we have nothing to fall back on. What does the future hold? A certain amount depends on the consumer to support local industry.
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Originally posted by farmboy1 View PostCheap food policy means that they got it wrong. Processor consolidation worked until lately. No matter the commodity, we have lost our local processing processing capacity and now we have nothing to fall back on. What does the future hold? A certain amount depends on the consumer to support local industry.
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Tp shortage eased here. Yeast was the big one but looks to being supplied. Took time for manufacturers to reallocate from restaurants to grocery stores but now they’re on track. When restaurants open I would surmise there’ll be an adjustment again.
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