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NPR reports that corn and soybean crops play an outsized role in rising US food prices, with products containing these crops now costing about double their level two years ago. The feature cites examples from grocery shopping and agricultural economist commentary.
Consumer-level food inflation reflects broad grain price strength, but this consumer-focused piece does not itself signal a new supply or demand change for feed buyers.
npr.orgFrank MorrisJun 17, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
