Global Food Supply Chains Beginning to Erode, Crisis Looms? - Gold Telegraph

Global Food Supply Chains Beginning to Erode, Crisis Looms? - Gold Telegraph:
"As the coronavirus continues to infect more and more people, food supply chains have started to become more strained in recent days. 
It was announced yesterday; the world’s biggest pork producer is closing a primary U.S plant indefinitely after a coronavirus outbreak amongst employees...

Jennifer Zeng 曾錚@jenniferatntd

 · Apr 1, 2020

People rushing to buy rice and cooking oil in #Chongqing, #China on Mar 31. Worry about food shortage has been spreading for a while. There has also been leaked internal official notice suggesting people store food supply of at least 3-6 months.#CCPVirus #COVID2019

Jennifer Zeng 曾錚@jenniferatntd

Leaked #CCP official notification from Linxia Prefecture in #Guansu Province in #China issued on Mar 28. Main points: Enhance awareness of the urgency and crisis state of food shortage. Guide and motivate the mass to ensure each family maintains food storage for 3-6 months.

...We anticipated this, as we reported on April 1 that food supply chains were in the early stages of being strained. 
Many countries were preparing many weeks ago by cutting back on exports to begin stockpiling. 
...One would begin to believe history might not be repeating itself, but it is undoubtedly starting to rhyme. 
During the great depression of the 1930s, the hardest-hit industry was farming. 
Farm incomes dropped by nearly two-thirds at the beginning of the 1930s. 
Dairy farmers dumped countless gallons of milk into the street instead of accepting a penny a quart.
...One thing is clear, there certainly are supply chain disruptions going on within the food industry globally, the question is, how bad will it get?"
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