Edward Hargroves: ‘Just because the shelves are empty doesn’t mean we have a food shortage’
During the global pandemic, the U.S. economy has learned the difference between essential and nonessential businesses. People have been forced to plan grocery store trips and eat meals at home. The nation has realized how essential farmers are to not only the economy but also the lives of the people. Edward Hargroves, co-founder and partner of Goldcrest Farm Trust Advisors, chats with Bold TV and C-Suite about food production. In the grocery world, there is now a high demand for bread, pasta and rice products. It’s important to know that just because the grocery store shelves are empty doesn’t mean the country has a food shortage. Grocery stores struggle to keep up with the panic buying. Everything in the food industry creates a domino effect. As for imported food, other countries also struggle to keep up with our demand. They need enough food for their people. It’s not a matter of not having enough food; it may just be somewhere else. Another cause and effect relationship is between inflation and the farming industry. Inflation may cause detriment to the economy, but it is very supportive for people in the food and land business. Check out the conversation at Bold TV and C-Suite to learn more about farming and its effect on the world.
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