Loading…
A Telegraph feature reports that corn prices have reached their highest level in seven years and that the FAO Food Price Index has climbed to 113.3 points since last summer. Analysts say food prices are rising but are not yet at crisis levels.
Rising corn prices feed directly into feed and food inflation, and the trend could tighten feed budgets if it continues.
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.