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JJGTF - Fear Rises Over The Potential For Food Shortages In The U.S. - The Cure For Low Prices Is Low Prices
iPath Bloomberg Grains Total Return Sub-Index ETN
First, it was toilet paper and paper towels, and now it is beef, pork, and other animal proteins. Since the end of February, a combination of hoarding and bottlenecks in the supply chain has been making supermarkets in the United States, and other parts of the world operate a lot like Russia during the days of the USSR.
During that period, I did a fair amount of business in the old Soviet Union and the Russian Federation after Glasnost. As I traveled around Moscow, the queues outside markets stretched for what seemed like miles. I