Farmaggedon looks to be far worse because of the coronavirus…
Over the last 4-6 weeks, well over a dozen in depth and well researched articles have come out warning about the upcoming problems with the global food supply chain thanks to travel restrictions, temporary workers being denied the ability to cross borders, governments starting to hoard crops and also export bans.
Before the coronavirus outbreak, many farmers, especially American farmers, were already dealing with record bankruptcies. Farmaggedon was killing many dairy farmers and pork and soybean farmers as China put tariffs on those.
But, now Farmaggedon looks to be far worse because of the coronavirus.
How will farmers pass along cost increases to customers if there’s price controls and export bans on their produce?
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