Source: Dan Hueber, AGWEB, 12/4/20


While it should come as no surprise to any of us involved in the commodity trade, but global food inflation is back.  According to the Food and Agricultural Organization, FAO, of the United Nations, during the month of November, its Food Price Index marked its largest month over month increase since 2012; it rose to the overall highest level since December of 2014.  The index itself came in at 105, which was 4 points higher than October and was 6.4 points higher than the same month last year.  

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