Ag economists say the shortage of shipping containers is just another hurdle for the livestock industry to clear this year.
During a recent Market Outlook webinar, hosted by Brownfield, Oklahoma State University’s Derrell Peel said we first started to see port disruptions in February of last year. “Some of the earliest indications of the pandemic impacts were actually in shipping and port disruptions,” he says. “Even before it was an issue domestically in the US we began to get those indications in China and other places that we had port disruptions.”
Iowa State University ag economist Lee Schulz says it’s another bottle neck disrupting global trade flow and adds cost to US agricultural products, like pork.