We were told in Q4 that the picture is brighter than it was six months prior, when global supply chains were in disarray and fear of the unknown triggered a frenzied bout of stockpiling. “I think the supply chains and, basically, the food value chain has largely figured out how to operate in COVID-19,” a former VP at Corteva Inc said. Macro trends such as continued population increases and shifts in buying patterns and behaviours, particularly in developing markets, are also expected to boost the industry’s recovery.
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