@DrBanneker
I had a conversation with some of my running buddies up in VA and DC.
It’s looking like things are going to descend into the lowest levels of hell by winter unless something drastically changes.
It's not even funny anymore. I mean really, ever week I am fighting with some commodity to prevent the factory line from shutting down, EVERY WEEK. Something somewhere eventually has to give.
You talking about flying stuff over, I have a chemical resin supplier that is flying RESIN in airplanes because they can't get container bookings. This resin isn't even $100/kg and they are flying it over. This can't stay this way long term.
My theory is that you know things are going to get ugly if countries start having export bans on certain commodities. My other fear is this food price inflation needs to get under control or you may start seeing Arab Spring type stuff like the last time this happened. I think Latin America is the powder keg this time but parts of Europe are looking shaky too.