Food Price Inflation intensifies further!

Lu_Kuemmerle
2022-04-08

$Nestle S.A.(NSRGY)$ $Costco(COST)$ $Kweichow Moutai Co.,Ltd.(600519)$ 

Not a good sign for food prices if I have to adjust the scale of my charts...

The FAO Food Price Index jumped to another record high in March. Up over 12 % from last month's reading! The continued surge in food price inflation was heavily driven by oilseeds, cereals and dairy.

BTW If you would like to see more commodity and macro content like this - consider following me on Twitter @lukaskuemmerle

Food Price Inflation, Kuemmerle Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • EdwardHughes
    ·2022-04-08
    The global living price is increasing.
    Reply
    Report
    Fold Replies
    • dallanube: 
      price up Up and UP
      2022-04-10
      Reply
      Report
  • OKAYIPULLUP
    ·2022-04-08
    cpi data gonna be ugly
    Reply
    Report
  • iceflower
    ·2022-04-08
    like me o
    Reply
    Report
  • pixiezz
    ·2022-04-08
    It is time to decrease the food price.
    Reply
    Report
  • cheerzy
    ·2022-04-08
    COST has a great demanding especially in today.
    Reply
    Report
  • JunioR
    ·2022-04-11
    My ba chor mee from $4.50 become $5. Sad.
    Reply
    Report
  • Lynn098
    ·2022-04-10
    With Ukraine being a major food producer as well as climate change impacting our food supply, food price inflation is here to stay.
    Reply
    Report
  • JiemeZen
    ·2022-04-10
    Not looking good
    Reply
    Report
  • skyel
    ·2022-04-10
    Ordinary people's life is getting tough and tougher
    Reply
    Report
  • Lisa688
    ·2022-04-10
    好👌[胜利][爱心][看涨][美金][强]
    Reply
    Report
  • tx34
    ·2022-04-11
    Not just food, all going up
    Reply
    Report
  • R2D2
    ·2022-04-11
    Need to beat the inflation
    Reply
    Report
  • Cyberguru
    ·2022-04-11
    interesting. very concerning.
    Reply
    Report
  • K734
    ·2022-04-11
    Thanks for sharing
    Reply
    Report
  • jamezwavy
    ·2022-04-10
    [Spurting] [Anger] [Facepalm]
    Reply
    Report
  • Eddie318
    ·2022-04-10
    Hope it'll come down soon.
    Reply
    Report
  • Barbarazhao
    ·2022-04-10
    Thanks for sharing
    Reply
    Report
  • Jeffchew
    ·2022-04-10
    yes...ready to head towards it
    Reply
    Report
  • MichT
    ·2022-04-10
    Thanks for sharing
    Reply
    Report
  • InvisibleP
    ·2022-04-10
    What is a good price to enter for COST?
    Reply
    Report