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Living in Iowa, the major talk radio stations have an ag focused program every morning. They routinely mention weather and crop conditions in Brazil since they'
by DavidPeiffer 5y ago
Living in Iowa, the major talk radio stations have an ag focused program every morning. They routinely mention weather and crop conditions in Brazil since they're a competitor also exporting lots of corn and soybeans. Constraints on ag exports could cause serious economic repercussions throughout the Midwest.
Working in manufacturing, I cannot stress how messed up the supply chains are. I've spoken with a number of friends at various manufacturing companies, everything is a disrupted mess right now, and it won't be remotely normal for at least another year. Freight rates are crazy, shipping across the ocean is multiple times more than it typically has been, and ports in Asia are periodically shut down because of COVID outbreaks.
My wife works in logistics and today she remarked "I fully expect there will be things I need at the store that will be missing, which I totally understand because of how messed up everything is, but I get excited if they have everything."
Getting your product into a container, the trailer to the port, and the container onto a ship is plagued with issues. The process used to be straightforward, and bookings were pretty firm.
Now things change on a daily basis, adding to an already frustrating situation.