Threats to Food System A risk assessment of the impact of COVID19 on the U.S. food system includes the following:
Only a small handful of countries have announced export bans on things like wheat and flour, items not needed in the U.S. Foods that are imported by Americans include high value products like cheese and wine from Europe, fresh fruits and vegetables from Mexico and Central and South America, plus low grade beef.
U.S. farmers are forecast to produce record levels of some commodities this year.
To prevent food borne illnesses, food processing companies are already set up as a microbiological control point (workers wear gloves, masks, do daily washdowns, etc.).
Warehouses are stocked with 7 -9 months of shelf-st...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
