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Food Inflation Replies |
rffrydr
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 Posted: Mon May 30, 2011 5:30 am Post subject: |
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Vegetables and now a timely monsoon has come to India:
http://www.bloomberg.com/news/2011-05-30/india-bets-on-rains-to-cool-inflation.html
| Quote: | | Abundant rains may boost rice, corn, sugar, cotton and oilseed harvests, helping growth and curbing inflation in a country where farming represents a fifth of the economy. Bumper crops may prompt the government to ease export curbs, capping global food costs the United Nations says reached a record in February. Some 235 million farmers depend on the rains to boost incomes and fund purchases of tractors, cars and televisions. |
That's the thing with weather, it's the original cycle--and return to the mean.
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rffrydr
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| Posted: Fri May 13, 2011 10:16 am Post subject: |
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It's all going higher...except for the customers--and that all important price of vegetables:
http://www.economist.com/node/18620804?story_id=18620804
| Quote: | | In 2009 vegetable prices shot up; they were strong last year as well. Good arguments were given for these price gains—among them, that increased wealth and better nutrition lead to ever more consumption—and investment and production ballooned. But the prices of many vegetables have since crashed, with China Daily giving front-page treatment to a farmer in Shandong province who, faced with vast losses, committed suicide. Suppliers may have the upper hand for now but old trade-fair hands will tell you that arguments about price are never over. |
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Last edited by rffrydr on Mon May 30, 2011 5:31 am; edited 1 time in total |
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rffrydr
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| Posted: Thu Apr 14, 2011 9:59 pm Post subject: |
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Rice number one (okay cassava in Africa) with three crops annually in biggest exporter Thailand....the great equalizer. Don't think they're (EEM) gonna get caught out again like '08.
Yes, there's fuel in the food (fertilizer) and food in the fuel (ethanol). Tried to get some of that but it ALL was "consolidated."
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nodoodahs
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| Posted: Thu Apr 14, 2011 10:06 am Post subject: |
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Hadn't seen the numbers but any change in food prices is going to be very contextual.
Richer = better diversified choices and more substitution, but possibly more dependent upon energy price trends as majority of food travels quite a ways to its destination
Poorer = very dependent upon WHAT changed, as many of these are in "single-staple-food" countries, possibly less dependent upon energy as less mass-scale agribusiness and less travel from field to plate
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rffrydr
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| Posted: Thu Apr 14, 2011 8:05 am Post subject: |
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UN came out with 32% YOY increase in food prices putting 70million into poverty.
PPI this morning showed decrease in our food prices.
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HenryTo
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| Posted: Wed Apr 13, 2011 9:18 am Post subject: |
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Bridgewater on food and energy inflation and its impact on the US and the emerging world:
| Quote: | | While overall US inflation is still a long way from being a problem, the overall conditions that produced the roughly 2% drop in core inflation during the financial crisis are gradually lifting. The most impactful change has been the steady improvement in US domestic conditions off a depressed level, which has gradually reduced the deflationary pressure of the high level of spare capacity coming out of the crisis. Food and energy prices are the other influence getting a lot of headlines, and they will have a large short-term impact on headline inflation and likely a moderate flow-through to core prices over time. An influence on US inflation that gets a lot less attention is rising inflationary pressures in the emerging world. We focus on this influence below. As discussed in Monday's Observations, we believe that the emerging world is likely to lag in its response to rising inflationary pressures. While this matters a lot more for inflation and policy responses in those countries than in the US, the impact on the US is already moderate and will likely continue to contribute to rising core inflation over time. |
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rffrydr
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rffrydr
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rffrydr
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| Posted: Wed Nov 17, 2010 11:40 pm Post subject: |
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Don't forget the "death numbers," october consumer inflation up the dreaded double-fours.
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diesel
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| Posted: Wed Nov 17, 2010 8:49 pm Post subject: |
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Yes, China acting more like the inflation problem is serious. I had talked about this a few weeks back somewhere here I think.
Remember that this is a nation where inflation or unemployment have meant regime change in the past.
Looks like a slowdown can’t be avoided. Good time to look at that $AUD?
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rffrydr
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| Posted: Wed Nov 17, 2010 9:50 am Post subject: |
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17Nov10 RTRS-CHINA CABINET: WILL MAKE MOVES TO STABILISE PRICES
09:19 17Nov10 RTRS-CHINA CABINET: WILL TAKE FORCEFUL MEASURES TO CURB CONSUMER PRICES
09:20 17Nov10 RTRS-CHINA CABINET: WILL ENSURE ADEQUATE SUPPLY OF OIL PRODUCTS, ESPECIALLY DIESEL
09:20 17Nov10 RTRS-CHINA CABINET: TO INCREASE SUPPLIES OF GRAIN, OIL AND SUGAR FROM RESERVES
09:21 17Nov10 RTRS-CHINA CABINET: WILL IMPOSE TEMPORARY CONTROLS ON KEY PRODUCT PRICES, SUCH AS DAILY NECESSITIES
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rffrydr
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| Posted: Fri Aug 27, 2010 8:39 am Post subject: |
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....and no one tracks it better than the chinese consumer.
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HenryTo
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rffrydr
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| Posted: Sun Apr 25, 2010 9:29 am Post subject: |
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rffrydr
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