Global sugar shortage has supply chain experts concerned as holidays near
With holiday recipes heavily relying on the sweet-tasting substance, a potential sugar shortage is set to be felt by festive families worldwide.
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With holiday recipes heavily relying on the sweet-tasting substance, a potential sugar shortage is set to be felt by festive families worldwide.
"It is the worst situation since the middle of last century," said chief meteorologist Jon Davis for Everstream Analytics, a world leader in supply chain analytics.
"It is the worst situation since the middle of last century," said chief meteorologist Jon Davis for Everstream Analytics, a world leader in supply chain analytics.
As the Panama Canal deals with an ongoing drought and the worst El Nino in recent history, more than 40% of vessel traffic will be cut by February.
Just 18 vessels a day will be allowed to pass through the waterway starting Feb. 1.