Southern Crop

Southern Crop

Soaring Freight Costs Will Squeeze Traders, Boost Food Prices

It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices.

 

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Farmax Merchandise, a China-based peanut production and exporting company, will create more than 20 jobs and invest $5 million in a new peanut oil processing facility in Crisp County, Ga. Read more

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