China’s grain prices have risen sharply in a short time due to adverse international and domestic factors. The corn futures reached a record high for two consecutive trading days at the end of April. Then on May 2, prices swelled to $487 a ton enabling a 13 percent price increase in China’s corn futures from…
Emergency Food Suppliers Ready to Meet ‘Huge Spike’ in Demand
Like scattered icebergs bearing down on the Titanic is how My Patriot Supply saw the looming global supply chain disruptions, said its president Keith Bansemer. Rather than wait for the eventual collision and proverbial sinking the company, in Salt Lake City, Utah, chose a year ago to be prepared for the material shortages that are hitting now. Bansemer said while…
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