How US trade policy is making the baby formula shortage worse

Partially empty shelves of infant formula with a sign alerting consumers.

Policy analysts say a series of U.S. trade restrictions, including ones engineered under the Trump administration, and lean manufacturing practices help explain why stores can’t easily replenish stocks of baby formula. The taxes and extra regulatory hoops make it expensive and difficult to import the specialized baby food.

The U.S. produces 98% of the infant formula it consumes, but that self-sufficiency is being tested by limited availability of ingredients because of supply chain disruptions,...

https://www.freightwaves.com/news/protectionism-red-tape-hinder-baby-formula-resupply-analysts-say

Milk Moovement closes $3.2M funding round

Milk Moovement, the startup seeking to modernize the dairy supply chain through cloud-based software, closed on a $3.2 million seed funding round on Thursday.

The round was led by Dynamo Ventures, alongside Matchstick Ventures, Bread & Butter Ventures, and Better Food Ventures. SOSV and Techstars provided follow-on investment in the round. Richard Cargill is a personal angel investor in Milk Moovement.

“Our proprietary software tracks all milk shipments from producers to processing plants and...

https://www.freightwaves.com/news/milk-moovement-closes-32m-funding-round