Labour shortages in the food industry means consumers may not be able to find the products they like in supermarkets. The farm to fork supply chain is missing around half a million of the four million people that usually work in the sector, caused in part by EU nationals leaving the UK as a result of coronavirus and Brexit, an event hears.
The pandemic sent food prices skyrocketing amid a slew of supply chain disruptions, but food costs have been steadily rising over the past five years. The rise in prices can have serious consequences for the most vulnerable Americans. According to the USDA, 13.8 million Americans qualified as food insecure in 2020. Watch the video to find out how much food prices have risen, what’s driving the increase and how businesses and policymakers can fix it.
Climate change, labor issues, transportation concerns and other supply chain disruptions have been contributing to the rising costs over the past several years. The pandemic disruptions then sped up the rate of growth in prices.