Food prices set to soar amid labour crunch

Worker shortage affecting supplies, with firms forced to raise wages at double-digit pace

A worker harvesting Gala apples at an orchard in Britton, Michigan. Food prices in August were up 33 per cent from the same month last year.
A worker harvesting Gala apples at an orchard in Britton, Michigan. Food prices in August were up 33 per cent from the same month last year. PHOTO: BLOOMBERG

(BLOOMBERG) - Across the world, a dearth of workers is shaking up food supply chains.

In Vietnam, the army is assisting with the rice harvest. In the United Kingdom, farmers are dumping milk because there are no truckers to collect it. Brazil's robusta coffee beans took 120 days to reap this year, rather than the usual 90.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.