Essential food producers filing for Chapter 11 bankruptcy (or Chapter 12)

These filings should alarm most, maybe all, Americans.

Apr 21, 2025 - 16:04
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Essential food producers filing for Chapter 11  bankruptcy (or Chapter 12)

Farm to table has become a trendy thing.

Fancy restaurants trumpet the idea that their chef visits local farms and selects which animals and vegetable will grace your plates. There's a certain romance to the idea that what you're eating was produced locally.

Related: Popular breakfast chain franchise files for Chapter 11 bankruptcy

There's also a cost efficiency to this approach. Yes, local, boutique farms may have higher prices, but not having to ship the item across the country lowers the cost.

Some items benefits from this. Most produce does not travel that well and while that's not true for meat, it is for fish.

If you eat Key West shrimp in Key West, for example, it might cost you $25 for a pound of the Royal Reds — sweet shrimp caught in the Keys that tastes like lobster. Order some in Las Vegas and you'll pay that much for a shrimp cocktail weighing about a quarter of that.