When the ownership rights of a $3.1 million John Constable painting are unclear, no one can buy or sell, display, or conserve it.
Looking at yesterday’s first online auction for very expensive contemporary art, we can ask why the price of a painting exceeded $80 million.
Very different under normal conditions, peanut butter and butterflies become rather similar during a coronavirus lockdown.
A benchmark like WTI, light mild Cheddar cheese prices are determined by commodities markets that responded to pandemic changes in supply and demand.
Invisible to most of us, the fish farms that produce almost half of our seafood are figuring out how to cope with less restaurant demand.
Global lockdowns have created supply problems for Belgian French fries and French cheese because households cannot make up for decreased commercial demand.
When we lose close to 40 percent of our pork processing capacity, the pork supply chain breaks in a direction that you might not expect.
Walmart’s CEO said our buying behavior has shifted during the pandemic. First we cared about toilet paper and sanitizer. Now it’s puzzles, games, hair dye, and beard trimmers. Where are we going? To consumer spending. Shifting Consumer Spending A Timeline…