Food prices are going to rise without rationing and price controls

This is what is happening in the wheat futures market: Prices are rising because of consumer panic buying and threats to markets, including the closing of borders and labour shortages. I have argued for rationing and price controls. The case will become overwhelming soon. Hat tip: Peter Dawe

source https://thebtrader.com/2020/03/26/food-prices-are-going-to-rise-without-rationing-and-price-controls/?utm_source=rss&utm_medium=rss&utm_campaign=food-prices-are-going-to-rise-without-rationing-and-price-controls