Interra International – Food Trade News
The increase in raw materials and the cost of fuel is having a broad impact on food prices. Corn, wheat, rice, edible oils, and soybeans are dramatically more expensive with indications that prices will continue to rise. Across the world,…
Futures investors are bullish on corn. In fact, corn futures for May jumped over 9 cents per bushel recently. Let’s explore what’s happening with corn that is causing this increase in corn future prices. Weather Issues The Midwest is expecting…
Shipping containers are in demand these days and for different reasons. First, trade has accelerated in the past year, creating an increased demand on shipments and the need for more containers. Manufacturers of shipping containers are increasing production in an…
Walking through Interra’s headquarters in Atlanta, Georgia on any given day, you are very likely to hear at least five languages, and maybe as many as fourteen. In the break room, you’ll hear them too—people converse in whatever language they…
Major efforts are underway to dislodge a large container ship stuck in the Suez Canal. The 224,000-ton ship, the Ever Given, entered the Canal on Tuesday morning. At approximately 7:40am local time, the ship suffered a blackout after being hit…
Brazilian Truck Strike Brazilian truck drivers have been trying for years to improve working conditions, including wages which they feel are insufficient to make a decent living. This year, truck drivers are focused on the minimum freight prices which they…
Brexit is the name given to the United Kingdom’s departure from the European Union or EU. On March 29th, 2017, the Prime Minister triggered the 2-year countdown to the UK formally leaving the EU. The expectation was that the UK…
As we approach the Big Game day, our thoughts turn to what foods to share with friends as we enjoy the biggest sporting event of the football season. Here are some all-time favorites that are sure to pair well with…
Healthy and safe food on our tables comes to us through a complex global system of trade. Bringing food from farm to fork has many hurdles to overcome, on a good day. As the pandemic rages on, it is ever…
There is no evidence to suggest that handling food or consuming food is associated with COVID-19. The virus is spread person to person through respiratory droplets from speaking, coughing, or sneezing. However, it is possible to get COVID-19 by touching…
