Home » Posts tagged 'food prices' (Page 2)
Tag Archives: food prices
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock China’s move to impose export restrictions on fertilizers will be felt worldwide. Beijing’s increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for […]
Europe’s gas price surge is about to hit you in the belly
Europe’s gas price surge is about to hit you in the belly Soaring fertilizer prices are set to push up the price of food. With the price of fertilizer increasing, food prices will follow | Chandan Khanna/AFP via Getty Images Voiced by Amazon Polly LUXEMBOURG — It’s not just your heating bill that risks going up thanks […]
Yet another worry: Price of ship fuel is now highest since 2014
Yet another worry: Price of ship fuel is now highest since 2014 Bunker surcharges on the rise for shippers of containerized cargo Ship refueling (Photo: Shutterstock) Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. That’s bad news for ship operators on the […]
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher Fertilizer prices have risen to a record high in North America, threatening to boost food inflation even higher. Nitrogen products are increasing due to the cost of natural gas, which is used in the manufacturing process. The Green Markets North America Fertilizer Price Index […]
Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus
Rabo: Global Supply Chains Simply Will Not Be Able To Cope With Even More Stimulus The Story is the Story Today is a US payrolls Friday. I have covered 277 of these releases. A handful were of any lasting interest, signalling something the market didn’t already know beforehand, and a few dozen more were higher/lower […]
Food Stamp Increase Means Higher Food Prices For All
Food Stamp Increase Means Higher Food Prices For All With the stock market banging out new record highs each day and so many jobs available, it is odd the Biden Administration feels the need to boost the Supplemental Nutrition Assistance Program, or SNAP by 25 percent. This constitutes the largest single increase in the program’s […]
Grocery Prices Could Rise 10 to 14 Percent By October, Grocery Chain CEO Warns
Grocery Prices Could Rise 10 to 14 Percent By October, Grocery Chain CEO Warns This warning offers a painful reminder of how price inflation hurts everyday Americans. American families are already struggling amid mounting price inflation that’s eating away at their budgets, with higher costs for housing, vehicles, and more. Yet a top CEO is warning that […]
Ranchers Sell Off Cattle And Farmers Idle Hundreds Of Thousands Of Acres As America’s Drought Emergency Escalates
Ranchers Sell Off Cattle And Farmers Idle Hundreds Of Thousands Of Acres As America’s Drought Emergency Escalates In my entire lifetime, this is the worst that drought conditions have ever been in the western half of the country. During the past 20 years, the amount of territory in the West considered to be suffering from […]
La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk
La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk Global crop and food prices are skyrocketing to multi-year highs, and the culprit could be due to La Nina, a weather pattern characterized by the cooling of the equatorial Pacific and triggers atmospheric shifts that cause droughts in some regions of the […]
Social Unrest Fears Mount As World Food Prices Soar In April
Social Unrest Fears Mount As World Food Prices Soar In April Global inflation is headed into overdrive as the leading food price indicator that is the United Nations’ Food and Agriculture Organization’s food price index increased for an 11th consecutive month in April, hitting levels not seen since May 2014, with sugar prices leading the rise in the […]
Investors Do Not See “Transitory” Inflation
Investors Do Not See “Transitory” Inflation The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory”. The problem is that investors do not buy it. Inflation is always a monetary phenomenon, and this time is not different. What central banks call transitory effects, and the impact of supply chains are not the real drivers […]
Why Global Inflation Is About To Go Into Overdrive
Why Global Inflation Is About To Go Into Overdrive If you think inflation is already blistering hot – as most companies and survey respondents clearly do – and the worst case been largely priced in, with little inflationary upside left, think again. As Bloomberg notes, last week saw the Bloomberg Agriculture Spot Index rise by the most […]
On The Verge Of A Global Crisis: One Bank Warns Of A “Biblical” Surge In Food Prices
On The Verge Of A Global Crisis: One Bank Warns Of A “Biblical” Surge In Food Prices Biblical, Lean, and Mean: ‘Dreams’ of an agri-commodity super-cycle Then Pharaoh said to Joseph: “Behold, in my dream I stood on the bank of the river. Suddenly seven cows came up out of the river, fine looking and […]
This Potentially Catastrophic Inflation Surge Slipped Under the Radar (Until Now)
This Potentially Catastrophic Inflation Surge Slipped Under the Radar (Until Now) The FAO Food Price Index (FFPI) averaged 107.5 points in December 2020, up 2.3 points (2.2 percent) from November, marking the seventh month of consecutive increase. You’ve read about housing market bubbles, stock bubbles, and even credit bubbles. But the next bubble you’re about to discover could […]
Food Prices Around the World Soar, But Inflation Remains…Incredibly Low?
Food Prices Around the World Soar, But Inflation Remains…Incredibly Low? Food price indexes over the past rolling 12-months have been reported increasing at a healthy 4% clip, but US government and banking officials have still been reported 12-month rolling “official” inflation rates in the US at a comical and lowly 1.4%. To refresh our memories, […]