Supply chain interruptions will continue over next 6 weeks as COVID-19 variant impacts labor market

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • Billionaire supermarket CEO warns of potential meat, egg shortage as omicron disrupts US supply chain
  • Billionaire Gristedes CEO John Catsimatidis, went on to say that many of these interruptions will continue over the next 6 weeks as the COVID-19 variant impacts the labor market
  • Various products, including eggs, poultry, and beef, go up because of low supply and high demand
  • He added that the price hikes and supply chain shortages have been exacerbated by the rising cost of oil, which is necessary for transportation.

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