Important Takeaways:
- Major Supply Chain Issues Are Starting To Develop All Over The Country
- Supply chain problems were supposed to be a thing of the past, but instead our supply chains just keep getting hit by issue after issue.
- According to a survey that was recently conducted, a whopping 82 percent of those that visit brick and mortar stores have had problems with things being out of stock this year. That figure is up 11 percent from the same time last year…
- Of course, it isn’t just brick and mortar stores that are having trouble keeping things in stock.
- [CIPS.org] This was also a story amongst online shoppers, where incidents of ‘out of stock’ items have increased by six percentage points year-on-year, with 60% of customers now seeing out of stock items online.
- Sadly, some of the wounds to our supply chains are self-inflicted.
- [Zero Hedge report] For example, the Biden administration has decided to impose new tariffs that “could raise the prices of canned food by up to 30%”…
- Chinese products would be subject to the highest tariffs of the three countries—a levy of 122.52% of their import value
- Unfortunately, the entire globe has been dealing with very unusual weather patterns this summer, and global food prices are beginning to surge.
- [AG Web reports] Midwest Crops Swelter In High Temperatures, Little Relief Ahead
- This week, a massive heat dome will drive the heat index above 110 degrees in our agricultural heartland, and that is not good news at all…
- Here in the United States, “suspicious fires” continue to erupt at key facilities over and over again.
- The latest example happened at a large fertilizer plant in Bartlett, Texas…
- [KWTX reports] The American Plant Food Corporation fertilizer plant fire has been contained, and the air quality is deemed good as Hazmat crews continue work to clean up the site of the fire, and firefighters work to clear the smolder, authorities said.
Read the original article by clicking here.
