9/29/2021- 4:28 p.m.
World Food Prices Set to SURGE if China’s Energy Crisis Halts Harvest!
A severe energy crunch could cripple this year’s harvest in China, with serious consequences for global prices. (Bloomberg)
Concerns could impact corn, soy, peanut and cotton crops after some companies were asked to suspend or cut electricity output.
The knock-on effect means that some prices on products originating from China could soar, potentially hitting consumers all over the world in the pocket.