Sunday, April 05, 2020

Food consumption and supply chains

In the Conservative Treehouse, Sundance writes more about food consumption in the U.S.
Most consumers are not aware total food consumption in the U.S. was a 60/40 proposition. Approximately 60% of all food was consumed “outside the home” (or food away from home), and 40% of all food consumed was food “inside the home” (traditional grocery shoppers).

...That means retail food outlets, grocers, are seeing sales increases of 25 to 50 percent, depending on the area. This, along with some panic shopping, is the reason why supermarkets are overwhelmed and their supply chain is out of stock on many items.

...The seismic shift toward ‘food at home‘ is what has caused the shortages, and that supply chain is not likely to recover full service of products again until the ‘food away from home’ sector gets back to normal. No need to panic, but there will be long-term shortages.

...When given a choice between laundry/dish detergent and personal hygiene products we can expect the manufacturers will prioritize production of the latter first.

...Think of a massive segment within our economy that was already working near capacity…. now demand has increased 40% overall within that industry…. It’s incredible we have not seen more widespread shortages considering the scale of this increase.
Read more here.

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