Global Food Costs Finally Drop After Surge to Decade High

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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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Comment（13）

Zawzaw
·2021-07-08
?
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deathdevil
·2021-07-08
Nice article
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1
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- WaiKeat6789:
  Cool
  2021-07-08
  Reply
  Report
jaswsf
·2021-07-08
Up pls
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1
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carrots
·2021-07-08
Up up pls. Why all red
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3
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Gzong
·2021-07-08
Eat more!
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- 啊啊俱乐部:
  Ahah
  2021-07-08
  Reply
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LateWizard
·2021-07-08
?
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2
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chickbelly
·2021-07-08
Oh
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1
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Shishir
·2021-07-08
Why drop, people stop eating
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3
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Andaroo
·2021-07-08
Mmm cheeseburger
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Veldora
·2021-07-08
Food is a need not want!
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Lowger
·2021-07-08
wooooooaw
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glorify
·2021-07-08
It's time for correction! So that we can grap for cheap & favourable price & have chance to go higher again.
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- clingling:
  Yes
  2021-07-08
  Reply
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GCL08
·2021-07-08
Should try to keep food cost low. It is the basic staple
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Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, 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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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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149480381,"gmtCreate":1625742541043,"gmtModify":1703747558129,"author":{"id":"3586942609729444","authorId":"3586942609729444","name":"deathdevil","avatar":"https://static.tigerbbs.com/4be1d85c7649fbd2a69d825c1a37c903","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586942609729444","authorIdStr":"3586942609729444"},"htmlText":"Nice article","listText":"Nice article","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149480381","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5160563,"gmtCreate":1625742994033,"gmtModify":1663230706559,"authorId":3578671423672074,"author":{"id":3578671423672074,"idStr":"3578671423672074","authorId":3578671423672074,"name":"WaiKeat6789","avatar":"https://static.tigerbbs.com/b06933547917cf61d68a480d7c087a86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149480381,"type":1,"supId":0,"prevId":0,"content":"Cool","text":"Cool","html":"Cool"}],"langContent":"EN"},{"id":149432718,"gmtCreate":1625741784234,"gmtModify":1703747539800,"author":{"id":"3571893886885807","authorId":"3571893886885807","name":"jaswsf","avatar":"https://static.tigerbbs.com/ed600b3aaba5cb409e893412ae0ee2a9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571893886885807","authorIdStr":"3571893886885807"},"htmlText":"Up pls","listText":"Up pls","text":"Up pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149432718","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149495715,"gmtCreate":1625741126437,"gmtModify":1703747526755,"author":{"id":"4087704243448520","authorId":"4087704243448520","name":"carrots","avatar":"https://static.tigerbbs.com/c42ac514b7bae60da384f8f82a555127","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087704243448520","authorIdStr":"4087704243448520"},"htmlText":"Up up pls. 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,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"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,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"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,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149405861,"gmtCreate":1625740412253,"gmtModify":1703747511025,"author":{"id":"3581996343908589","authorId":"3581996343908589","name":"chickbelly","avatar":"https://static.tigerbbs.com/80c58781e18d006956ec0716a17b0fe6","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581996343908589","authorIdStr":"3581996343908589"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149405861","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149543015,"gmtCreate":1625738572537,"gmtModify":1703747473662,"author":{"id":"3577771722524346","authorId":"3577771722524346","name":"Shishir","avatar":"https://static.tigerbbs.com/5bbb5ffb9814e2b46f518ffcbf85ff64","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3577771722524346","authorIdStr":"3577771722524346"},"htmlText":"Why drop, people stop eating&nbsp;","listText":"Why drop, people stop eating&nbsp;","text":"Why drop, people stop eating","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149543015","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149549796,"gmtCreate":1625738558915,"gmtModify":1703747474474,"author":{"id":"3575199303759784","authorId":"3575199303759784","name":"Andaroo","avatar":"https://static.tigerbbs.com/634c9b9f18158d4a4e497249bdbe8fd5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575199303759784","authorIdStr":"3575199303759784"},"htmlText":"Mmm cheeseburger","listText":"Mmm cheeseburger","text":"Mmm cheeseburger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149549796","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149551161,"gmtCreate":1625737847853,"gmtModify":1703747461814,"author":{"id":"3580473686930895","authorId":"3580473686930895","name":"Veldora","avatar":"https://static.tigerbbs.com/2c60768e017f3418615cd7dea3a291ec","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3580473686930895","authorIdStr":"3580473686930895"},"htmlText":"Food is a need not want!","listText":"Food is a need not want!","text":"Food is a need not want!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149551161","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149553567,"gmtCreate":1625737815559,"gmtModify":1703747461003,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"htmlText":"wooooooaw","listText":"wooooooaw","text":"wooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149553567","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149553173,"gmtCreate":1625737774392,"gmtModify":1703747460348,"author":{"id":"4087698744325360","authorId":"4087698744325360","name":"glorify","avatar":"https://static.tigerbbs.com/bb1a0d88b0029e6cb51d7065d6b143e5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087698744325360","authorIdStr":"4087698744325360"},"htmlText":"It's time for correction! So that&nbsp; we can grap&nbsp; for cheap &amp; favourable&nbsp;price &amp;&nbsp;have chance&nbsp;&nbsp;to&nbsp;go higher again.","listText":"It's time for correction! So that&nbsp; we can grap&nbsp; for cheap &amp; favourable&nbsp;price &amp;&nbsp;have chance&nbsp;&nbsp;to&nbsp;go higher again.","text":"It's time for correction! So that we can grap for cheap & favourable price & have chance to go higher again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149553173","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5159951,"gmtCreate":1625738423543,"gmtModify":1663230704527,"authorId":3586829232043276,"author":{"id":3586829232043276,"idStr":"3586829232043276","authorId":3586829232043276,"name":"clingling","avatar":"https://static.tigerbbs.com/6ac8266443879ca0b9b00e68416a1244","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149553173,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":149553931,"gmtCreate":1625737748123,"gmtModify":1703747459863,"author":{"id":"3579045920422452","authorId":"3579045920422452","name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3579045920422452","authorIdStr":"3579045920422452"},"htmlText":"Should try to keep food cost low. It is the basic staple","listText":"Should try to keep food cost low. It is the basic staple","text":"Should try to keep food cost low. It is the basic staple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149553931","repostId":1141778926,"repostType":4,"repost":{"id":"1141778926","kind":"news","pubTimestamp":1625737388,"share":"https://ttm.financial/m/news/1141778926?lang=&edition=fundamental","pubTime":"2021-07-08 17:43","market":"fut","language":"en","title":"Global Food Costs Finally Drop After Surge to Decade High","url":"https://stock-news.laohu8.com/highlight/detail?id=1141778926","media":"Bloomberg","summary":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relie","content":"<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.</p>\n<p>A United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. Prices of vegetable oils and cereals declined during the month, offsetting gains in meat and sugar.</p>\n<p>Costs 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.</p>\n<p>Still, the index tracks costs on a raw-material level and it takes time for price changes to feed through to store shelves. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.</p>\n<p>“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.</p>\n<p>There may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.</p>\n<p>Still Expensive</p>\n<p>World food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.</p>\n<p>Income losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.</p>\n<p>“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Food Costs Finally Drop After Surge to Decade High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Food Costs Finally Drop After Surge to Decade High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5%...</p>\n\n<a href=\"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/global-food-costs-end-long-080000786.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141778926","content_text":"(Bloomberg) -- Global food prices fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures.\nA United Nations gauge of food costs dropped 2.5% in June, easing from a nine-year high and marking the first decline since May 2020. 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. Shipping costs have also soared, complicating trade of products like sugar, and the UN’s Food and Agriculture Organization last month predicted the global food import bill to hit an all-time high in 2021.\n“I don’t think that we’ll see the impact of this mild decline being felt by consumers given all the other factors that we know are still there,” Abdolreza Abbassian, a senior economist at the FAO, said by phone.\nThere may be more relief in store for consumers in the medium to long term. A recent outlook from the UN and Organisation for Economic Cooperation and Development forecast slowing demand and rising output to temper food prices in the coming years. And on Thursday, the UN said it expects global grain stockpiles to rise 2.4% in 2021-22, the first increase in four seasons.\nStill Expensive\nWorld food prices still remain historically high, up about 34% from the same time last year. Crop prices are hinging on the weather in the months ahead to determine whether harvests in Europe and North America will be large enough to replenish strained stockpiles. Much will also depend on China’s imports in the months ahead, Abbassian said, citing a rising outlook for the country’s corn stockpiles.\nIncome losses during the pandemic are also exacerbating food insecurity, adding to the challenges from high prices, the World Food Programme said in a separate statement Thursday.\n“We already have conflict, climate and Covid-19 working together to push more people into hunger and misery,” WFP Chief Economist Arif Husain said. “Now, food prices have joined the deadly trio.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":73,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}