JohnDB
Diamond Member
- Jun 16, 2021
- 13,105
- 9,227
- 2,138
Some have caught fire. Some have been in crap state for so long with no money for R&M that it's best that they do shudder.I don't know if you've noticed, but quite a few food processing plants have been evaporating.
Not saying there's a grand conspiracy here, but the "coincidences" are alarming.
And since I got out of commodities I haven't done a complete analysis of the Forex vs commodity prices yet to figure out if reinvestment in food processing is desirable yet.
The numbers for food processing investment have been crap for so long that the facilities all are in crap shape. A lot of it is touchless (done by automation) as well.
Pre-packaged salads have been hanging on by a thread....same as meat processing. The demand in the grocery stores wasn't enough to offset the shutting down and now bankruptcy of the foodservice industry.
So....an industrial electrician fluent in motor controls and pneumatics is going to be just fine. But there aren't many of those running around anymore.
Farmers have been talking and discussing the coming food shortages. California has cut off water to the farms because the drought of the last 20+ years has finally hit rock bottom. Lake Mead is only one indicator. There are plenty of others.
The Southeast and Midwest have been doing OK last I looked. I'm not sure about Brazil because I haven't looked in a while. Last year's crops were crap. (I made out like a bandit on commodities last year)
Yes, grow a garden...you probably need to.