Global Food Costs Finally Drop After Surge to Decade High

Bloomberg2021-07-08

(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures. A United Nations gauge of food costs dropped 2.5%...

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Comments

Zawzaw
2021-07-08
Zawzaw
?
deathdevil
2021-07-08
deathdevil
Nice article
- WaiKeat6789:
  Cool
jaswsf
2021-07-08
jaswsf
Up pls
carrots
2021-07-08
carrots
Up up pls. Why all red
Gzong
2021-07-08
Gzong
Eat more!
- 啊啊俱乐部:
  Ahah
LateWizard
2021-07-08
LateWizard
?

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Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.\nCosts of grains to meat to vegetable oils -- ingredients that feed through to countless grocery items -- rallied this year on big Chinese imports, the reopening of economies and weather risks to crops. Last month’s decline could reduce inflation risks, both for central banks facing pressure to tighten stimulus measures as well as poorer nations that are highly dependent on imports to feed their populations.\nStill, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. 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Why all red&nbsp;","listText":"Up up pls. Why all red&nbsp;","text":"Up up pls. Why all red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149495715","repostId":1141778926,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149493651,"gmtCreate":1625740692373,"gmtModify":1703747519185,"author":{"id":"3567211743735274","authorId":"3567211743735274","name":"Gzong","avatar":"https://static.tigerbbs.com/ab57e9e3bb9415705d707b7525879ebc","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3567211743735274","authorIdStr":"3567211743735274"},"htmlText":"Eat more!","listText":"Eat more!","text":"Eat more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149493651","repostId":1141778926,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5160332,"gmtCreate":1625741045883,"gmtModify":1663230704752,"authorId":3574530345068511,"author":{"id":3574530345068511,"idStr":"3574530345068511","authorId":3574530345068511,"name":"啊啊俱乐部","avatar":"https://community-static.tradeup.com/news/f4b5a4dce49d85f3623338b81bf0b89d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149493651,"type":1,"supId":0,"prevId":0,"content":"Ahah","text":"Ahah","html":"Ahah"}],"langContent":"EN"},{"id":149405710,"gmtCreate":1625740418730,"gmtModify":1703747512817,"author":{"id":"3576797853255359","authorId":"3576797853255359","name":"LateWizard","avatar":"https://static.tigerbbs.com/2623f0ebfedf9dedaf6b68dc8fe2f4b8","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3576797853255359","authorIdStr":"3576797853255359"},"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149405710","repostId":1141778926,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":73,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1141778926"}