Wednesday, November 24, 2021

Supply Chain Crisis Eased but Food Crisis Follows?

Although the supply chain crisis seems to have eased, another trouble is about to begin.

There are various signs that the worst period of the global supply chain crisis has passed, and ocean freight and the number of stranded containers are gradually declining.

However, according to Bloomberg analyst Mark Cudmore, the aftermath of the global supply crisis still spreads in areas closely related to it, and is intertwined with factors such as the energy crisis and extreme weather, which will soon lead to a food crisis next year.

Global food price index sets record, major crop prices soar

Data show that the problem of global food inflation is getting worse.

According to data from the Food and Agriculture Organization of the United Nations (FAO), the average food price index in October was 133.2 points, up 3% and 31.3% month-on-month and 31.3% year-on-year.

5 Innovative Technologies in Food Packaging Industry

In the rapidly digitized world, the technology of food packaging is also constantly improving. At present, researchers and scientists are ex...