While the ports of Los Angeles and Long Beach have resumed shipping commodities, the temporary closure has created some uncertainty for the U.S. food supply chain.
Executive Director of the Soy Transportation Coalition, Mike Steenhoek spoke with RFD-TV’s own Tammi Arender on the latest hurdles, how it has impacted freight containers, and what ripple effects may arise.
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Experts predict consumers will pay nearly double the price per pound for certain types of turkey than the average cost just five years ago.
The price for chicken is cooling off, experts say, thanks to a rise in production and a decrease in demand. However, the USDA is projecting that food prices will continue to rise through next year.
