Bloomberg via Al Jazeera: US consumers brace for COVID-19 surge by hoarding food – again

Bloomberg via Al Jazeera: US consumers brace for COVID-19 surge by hoarding food – again. “American consumers who’ve worked their way through the trove of shelf-stable meals they frantically bought back in March are at it again. This time, food makers are prepared. General Mills Inc., the maker of Cheerios and Annie’s boxed mac and cheese, added 45 external production lines through contractors since the first round of pantry loading this spring. Campbell Soup Co. spent $40 million to expand production of Goldfish crackers and is building capacity for chip brands like Cape Cod. Conagra Brands Inc. boosted third-party manufacturing and warehousing, while Stonyfield Farm, a producer of organic dairy products, is buying more milk from its direct supply network of farms.”

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