Farms.com Home   Ag Industry News

Labor strikes unlikely to affect food supply

Oct 02, 2024
By Farms.com

USDA confirms stable food supply amid port strikes

 

Recently USDA has provided reassurances that the labor disputes at East Coast and Gulf Coast ports are not expected to significantly alter food prices or availability.

The agency is keeping a close watch on the situation, backed by the country’s strong agricultural production and the smooth operation of port logistics.

The administration's statement pointed out that bulk grain exports would continue as usual, and measures are in place to manage meat and poultry exports through alternative channels and storage solutions. This proactive management should help alleviate potential bottlenecks for farmers and food processors.

Highlighting the importance of collective bargaining, the USDA encourages a swift and fair negotiation process between workers and employers.

The statement also notes the Administration’s commitment to monitoring downstream impacts, particularly in the west, ensuring that potential shifts in the market or supply chain disruptions are promptly addressed.

By maintaining a strategic oversight and encouraging negotiations, the USDA aims to protect both the agricultural sector’s interests and consumer needs during the ongoing labor disputes at these crucial ports.


Trending Video

Will a Weak U.S. High-Pressure Ridge = Summer Grain Rally?

Video: Will a Weak U.S. High-Pressure Ridge = Summer Grain Rally?


U.S. weather remains bearish through the 2nd - 3rd week of June but the forecast for a weak hot/dry weather forecast for the U.S. Western Corn Belt for end of June/July could see a late corn summer rally.
Where are the 90 trade deals in 90 days? Stocks continue to climb the wall of worry with U.S. Q1 earnings +13% better than expected!
A head and shoulders bottom in wheat looks promising ahead of the U.S. harvest.
The Sunday night weather forecast will become more critical over the next 10-12 weeks!