Smucker’s not stuck in high-price jam — The Stockout

Why grocery store woes could be extended even without COVID panic-buying

Gemini Sparkle

Key Takeaways:

  • Current industry-wide shortages are expected to continue, potentially extending into the peak summer season.
  • The podcast discusses the recovery process following the JBS cyberattack and its impact on meat processing and grocery store availability.
  • The episode analyzes recent CPG news, including J.M. Smucker Co.'s positive earnings despite rising input costs.
  • Echo Global Logistics offers freight transportation and CPG shipping solutions, including a self-service shipping portal (EchoShip).
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Shortages are rampant across industries right now, and with more disruptive events hitting the freight world, they could be extended into the peak of summer. 

In this episode of The Stockout, Mike Baudendistel discusses recovery from the JBS cyberattack, which shut down much of the country’s meat processing and left some grocery stores without meat on the shelves.

Baudendistel breaks down the newest CPG news of the week and talks about Thursday’s earnings results from the J.M. Smucker Co., which is performing well in the face of rapidly rising input costs.  

You can find more episodes of The Stockout and recaps for all our live podcasts here.

Kaylee Nix

Kaylee Nix is a meteorologist and reporter for FreightWaves. She joined the company in November of 2020 after spending two years as a broadcast meteorologist for a local television channel in Chattanooga, Tennessee. Kaylee graduated from the University of Oklahoma in 2018 and immediately made the Tennessee Valley her home. Kaylee creates written summaries of FreightWaves live podcasts and cultivates the social media for FreightWaves TV.