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Food commodity markets: Prices spike amid supply shortfalls and strong demand


Food commodity markets: Prices spike amid supply shortfalls and strong demand
The World Bank’s Grain Price Index jumped to a 7-year high in April. The index rose nearly 18% from January to April 2021 and stands more than 25% higher than a year ago. Similarly, the Oil and Meal Price Index reached an almost nine-year high in February, up nearly 50% from a year ago.
 
Global grain and edible oil supply growth
 
 
Stock-to-use ratios decline further. Production shortfalls and stronger-than-expected demand are expected to push the aggregate stock-to-use ratio a rough measure of supply relative to demand to 27% percent, the fourth consecutive annual decline, yet the ratio remains historically high, especially compared with the 2006/07 low of 17%. ....

World Bank Grain Price Index , Us Department Of Agriculture , World Bank Food Price Index , World Bank , Grain Price Index , Meal Price Index , Agriculture May , உலகம் வங்கி உணவு ப்ரைஸ் குறியீட்டு , உலகம் வங்கி , தானிய ப்ரைஸ் குறியீட்டு ,

World Bank commodity price outlook report indicates 2021 will be a bull run for all commodities


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World Bank commodity price outlook report indicates 2021 will be a bull run for all commodities
World Bank commodity price outlook report indicates 2021 will be a bull run for all commodities
Gold will be an exception, which will slow down in the financial year
The World Bank commodity price outlook report has indicated that 2021 will be a bull run for all commodities in general, after which there will be tapering down in 2022.
Gold will be an exception, which will slow down in 2021.
The interesting facet here is that the prices for most categories will not just be higher than 2020, when there was a tendency for them to decline, but also over 2019 which was the pre-pandemic year. ....

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