Speaking of higher prices, I think its fair to say that price inflation played a part in the...
Port Strike and Inflation?
Lots of concerns around any commodity inclines in the coming weeks due to the East and Gulf Coast port strikes. Inflation is making headlines again, but it's important to understand the complexities of how these strikes might impact food supplies. For example, the U.S. is a net exporter of agricultural commodities, and a prolonged stoppage could affect exports like chicken (see the importance in the chart above), potentially shifting supply dynamics domestically. Yes, maybe not in favor of breast meat buyers (another complexity), but you get the picture. Want to learn how Datum FS can help you anticipate commodity volatility? Learn more by exploring this website or fill out the form below. Thanks for reading.