Oct 12, 2021

Components Shortage Hits Harvest

Farmers are scrambling to find workarounds when machinery breaks

source: Reuters

Manufacturing meltdowns are hitting the U.S. heartland, as the semiconductor shortages that have plagued equipment makers for months expand into other components, reports Reuters.

Supply chain woes now pose a threat to the U.S. food supply and farmers' ability to get crops out of fields.

Farmers say they are scrambling to find workarounds when their machinery breaks, tracking down local welders and mechanics.

Access to steel, plastic, rubber and other raw materials has been scarce during the pandemic, and manufacturers are preparing for even more shocks after power shortages forced several Chinese smelters to cut production in recent weeks.

Read the full report here.

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Marketwatch: Oct, 24

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cmdty National Soybean Price Idx: ZSPAUS.CM

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