Remember earlier this year when many people were convinced that people would start starving soon because a couple of food processing facilities were damaged and there was a scare about baby formula?
The topic seems to be dead. Has anyone starved or experienced any shortages lately?
How do you know?
lag.
we dont consume in real time or THIS year's crops or products. we do everything a year ahead. this year's stuff is actually LAST YEAR'S stuff and so on.
that's how farming works - now we're consuming what was produced last year and next year we'll be consuming this year's crops. the food industry like everything else was hurt by lockdowns and now we should be working on recuperating last year's losses, but instead due to inflation food producers just like everybody else are struggling to stay afloat
The baby food plant was closed for months before the shortage started to hit shelves.
Because of the supply stored in places.
But when they aren't being restocked we eventually saw bare shelves for a long time.
Now the same thing but with food.
It's not as easy to spot because of the huge variety of food that is produced vs the one major formula plant.