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Pet food manufacturers face supply chain challenges at every stage, from ingredient sourcing to transport and staffing. Some manufacturers have paid two to three times normal ingredient costs, and some ingredients may need importing.
Retailers report sporadic shortages, partly linked to limited meat supplies after drought and fires in western states.
Higher ingredient costs and sourcing shortages for pet food inputs can keep demand for protein and grain-based ingredients firm into 2022.
petproductnews.comPaige GilbertDec 7, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
