The COVID-19 pandemic is leading to 'tsunami' of change in how people buy food
John Umhoefer, executive director of the Wisconsin Cheese Makers Association, said the foodservice sector accounts for half of all cheese sold in the U.S., while only one-third is sold at grocery stores. Without that critical market, milk producers need the government to “immediately begin to purchase dairy products” and distribute them to food pantries and school feeding programs, he said.
The radical change in the age of the pandemic is a seismic shift for the food industry. In 2018, Americans spent more on food from full-service and fast-food restaurants — about $678 billion — compared to the roughly $627 billion spent at grocery stores and warehouse clubs, according to USDA data. Spending on food away from home is even higher when counting meals at schools, colleges, sporting events and other entertainment venues.
on food and agricultural goods. Vietnam, the third-largest exporter of rice, has temporarily suspended exports of the grain. Russia, Ukraine and Kazakhstan, major wheat producers, have capped exports of the commodity.
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