The Consensus Is In: Food Shortages Likely Right Around The Corner
Reports are coming in of mass food shortages due to a stress on the food supply chain …
WebMD reported on this yesterday, and below is a report by Patrick with CounterMarkets:
Food shortages seem imminent.
And the headlines are getting worse.
Tyson Chairman John Tyson, patriarch of the company’s founding family, bought a full page ad in the New York Times only a week ago warning Americans that the “food supply chain is breaking.”
The great Thomas Massie sounded the food shortage alarm in early April, stating:
“We are weeks, not months, away from farmers euthanizing animals that would have been sold for meat/food. Also, fruits and vegetables are going to rot in the fields.”
The reason for both of these dire predictions?
Processing plants are closing down due to COVID-19 infections and panic.
One of the biggest pork producers in the world, Smithfield Foods, closed a plant in Illinois.
Jennie-O closed 2 plants in Minnesota.
JBS USA closed a beef production facility in Wisconsin.
Even McDonald’s has begun “controlled allocation” of sausage, bacon, and burgers. Meaning, they will only buy meat based on current demand rather than forecasted demand.