This stuff is pretty expensive… as the QT proceeds and C&I inventory finance can return to more normal levels, expect this inventory shortage (and others) to be corrected and the unit prices can be reduced…
The slow start to the QT is extending the period of these and other commercial inventory shortages…
The Biden administration claimed they were “working around the clock” to fix America’s critical baby formula shortage after waiting MONTHS to address it.
— House Republicans (@HouseGOP) August 2, 2022
Now, 30% of our nation’s baby formula is STILL out of stock. pic.twitter.com/HPwSHqsiwp
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