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Rising Food Costs and Supply Chain Strains: How Agritech Companies Are Responding

Newswire.ca - Mon Aug 19, 8:45AM CDT

USA News Group Commentary
Issued on behalf of Bee Vectoring Technologies International Inc.

VANCOUVER, BC, Aug. 19, 2024 /CNW/ -- USA News Group – A new commentary from the University of Guelphis sounding the alarm about our fragile food supply chain, that the authors claim was "built for a world that no longer exists". According to the UN World Food Program USA, hunger, famine, and rising food costs are happening around the world. Helping to meet today's food needs around the world, the World Economic Forum is applauding advancements in a vast and complex supply chain, pointing towards a global food market expected to be worth $9.12 trillion, growing at a CAGR of 6.7%. Among the groups working to better secure the global food supply chain from crop to plater are innovative companies that include Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF), Cal-Maine Foods, Inc. (NASDAQ: CALM), Calavo Growers, Inc. (NASDAQ: CVGW), Darling Ingredients Inc. (NYSE: DAR), and FMC Corporation (NYSE: FMC).

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