Consumers are likely to pay more for lumber, coffee, chocolate, perhaps sugar anything that we import through the ports in the affected region will face higher prices.
Consumers are likely to pay more for lumber, coffee, chocolate, perhaps sugar anything that we import through the ports in the affected region will face higher prices.
The Port of New Orleans alone imports 250,000 tons of coffee every year.
Consumers will see higher prices on coffee beverages and even chocolate if the raw supplies get backed up at the ports. In agricultural products, prices of cereals and breads could decline. If we can't export the wheat and grain, then the excess supply will have to be consumed domestically, pushing down prices.
© 2020 Inspirational Stories
© 2020 Inspirational Stories