Staple grains like wheat and rice were produced in record numbers in 2016. This high level of production has helped stabilize the global food market and keep the world food import bill low. This is good news for consumers who have faced increasingly higher prices for staple grains over the last few years.
Food waste is a major problem in the U.S. Business Insider reports that one-third of all food produced in the U.S goes to waste, which equals 133 billion pounds of food per year. Supermarkets are some of the worst offenders. Big brands like Walmart have been caught dumping food into the dumpster because it was…
The 2008 financial crisis put the global container industry in turmoil. Since then, the road to recovery has been long and difficult. Even A.P. Moeller-Maersk, the biggest shipping company in the world, has cut costs and adjusted its operations accordingly. Around the world, several ocean carrier mergers have occurred in order to keep companies in…
The Panama Canal recently expanded its locks to accommodate larger cargo ships. This has had a major impact on ports in the United States because they’ll need to unload cargo ships more quickly and to accommodate larger ships. To prepare, American ports are spending money on upgrades.
Farmers have been implementing new technology for decades. Today, some dairy farms can practically run themselves thanks to technological advances. Thanks to robotic milking machines, cows can roam freely and then go to a milking station when they need to be milked. This automated process saves farmers a lot of time and allows them to…