Tariffs push key food brands into Chapter 11 bankruptcy
Expect higher food prices, and other problems due to the global trade war.
Farm-to-table eateries have become trendy.
Fancy restaurants trumpet the idea that their chef visits local farms and select which animals and vegetables 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 taste like lobster. Order some in Las Vegas, and you'll pay the same price for a shrimp cocktail weighing about a quarter of that.