Category: Food
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Famine
Initially, it was believed that famine was becoming extinct due to technological advancements, economic growth, and global humanitarian efforts. However, the 2011 famine in Somalia, which resulted in the deaths of 260,000 people, proved this notion wrong. Since then, there have been more famines declared in Africa, as well as several near misses. The COVID-19…
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Soil and food for thought…
64% of corn acres and 57% of bean acres are now under drought stress however DEC corn futures are trading close to 9% lower than JUL corn and NOV bean futures are trading 14% lower than JUL beans.
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Inflation Nation?
https://cdn.jwplayer.com/previews/MYmLSGnK?s=03 Commodities specialists Scott Shelady and Tom Grisafi talk about inflation and its implications beginning at 3:15
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Fake News
this is fake news because the big mac price is really 5 something but the message is directionally accurate. Inflation hurts Mcdonald’s customers the most. Personally, my last McDonalds order was $15+.
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Rain rain, don’t go away…