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Panjiva Daily: Biden commits as supplies slide; Starbucks, JDE Peet’s load up

Global 1278 Panjiva Daily 634

President Biden’s COVID-19 vaccination commitment doesn’t remove the need for medical supplies, where imports are in decline. Starbucks and JDE Peets have boosted their buying of Brazilian coffee as prices start to decline. Also: Norfolk Southern’s Chicago delays could cause challenges for Deere, Ikea; Boeing, Texas storms drag U.S. trade to 18th straight decline; Canada helped by supply chain inflation, hindered by chip crunch; Raimondo reiterates commitment to tariff toolbox; air freight continues to ascend, capacity still grounded; and big boats boom.

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