As food prices soar, big agriculture is having a field day
How long will it last?
TROUBLE IS BREWING in America. The reopening economy’s hunger for goods from China, and for the containers that carry them, has left importers of coffee, of which the average American guzzles two cups a day, struggling to ship the stuff from Brazil. They are using whatever they can get, says Janine Mansour of Port of New Orleans, where much of America’s raw coffee lands. That includes much bigger boxes, which reach the maximum allowed weight before they are full. Importing part-empty containers adds extra costs, Ms Mansour says, and these will ultimately be swallowed by consumers.
This article appeared in the Business section of the print edition under the headline “Field day”
More from Business
DeepSeek poses a challenge to Beijing as much as to Silicon Valley
The story of Liang Wenfeng, the model-maker’s mysterious founder
Nvidia is in danger of losing its monopoly-like margins
But don’t count it out yet
DeepSeek sends a shockwave through markets
A cheap Chinese language model has investors in Silicon Valley asking questions
Germans are world champions of calling in sick
It’s easy and it pays well
Knowing what your colleagues earn
The pros and cons of greater pay transparency
A $500bn investment plan says a lot about Trump’s AI priorities
It’s build, baby, build