Since talking with CBS Tampa for a story on rising grocery prices, I thought it would be good to share with clients and colleagues as well. The bottom line is that grocery prices are definitely spiking due to supply chain disruptions due to coronavirus, not due to shortages of food. There are significant supply chain disruptions and volatility in demand and supply. For example, grocery is spiking in many categories such as eggs, pantry staples, and meat while restaurants, hospitality and schools have dropped like a rock which resulted in farmers dumping millions of gallons of milk, eggs etc. Getting…
View Page
