Agriculture supply chain challenges may soften in 2023.
Ken Eriksen works in the commodity insights division of S&P Global. He tells Brownfield a slow-down in the economy is naturally bringing some supply chain issues into balance.
“For example, we saw record profits for container steamship lines and with those profit they went our and built ships. Those ships are coming online and we will have a case of too much capacity chasing too little cargo in the world and things wont be quite as bunched up.”
But he says there are still challenges to work though including the labor shortage.
