$Nestle S.A.(NSRGY)$ $Costco(COST)$ $Kweichow Moutai Co.,Ltd.(600519)$
Not a good sign for food prices if I have to adjust the scale of my charts...
The FAO Food Price Index jumped to another record high in March. Up over 12 % from last month's reading! The continued surge in food price inflation was heavily driven by oilseeds, cereals and dairy.
BTW If you would like to see more commodity and macro content like this - consider following me on Twitter @lukaskuemmerle
Food Price Inflation, Kuemmerle Research
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