Geopolitical specialist Jacob Shapiro doesn’t believe the inflation story is behind us. The threat of supply chain issues is also present. “When you put the Red Sea disruption on top of the Russia-Ukraine war and the South China Sea, I think you could see a little spike in prices that people are not necessarily expecting,” said Shapiro. “Keep in mind, energy prices have been the big reprieve of the past 12-to-14 months and they’ve really come off the boil.” Shapiro is part of Cognitive Investments and was featured in the Northern Pulse Growers Association annual meeting in Minot.
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