Food Price Index finally ticks higher

FAO reported its Food Price Index appreciated by just 0.2 percent YOY in June, the first monthly YOY increase in 21 months. (Note: These figures are adjusted for inflation.) The increase comes courtesy of gains in three of the five subindexes: The Meat, Cereals, [...]

FAO Sugar Price Index finally showing gains?

After falling 2.8 percent in 2018, FAO’s Food Price Index (FFPI) is down 2.7 percent YOY for the first four months of 2019. (The index, adjusted for inflation, uses as baseline food price data from 2002 through 2004.) Looking at monthly data, April 2019 [...]

Macro environment’s impact on commodity prices

Commodity analysts spend a lot of time poring over and discussing fundamental drivers of market shifts, but external factors, like macroeconomic shifts, can magnify or dampen the influence of core supply and demand fundamentals on commodity prices. U.S. and global economic dynamics have been [...]