Global Food Prices Hit 19-Month High As Upward Momentum Sparks Fears Of Stickiness
By Tyler Durden The global benchmark for food commodity prices rose in November, reaching its highest level since April 2023. The increase was driven primarily by a surge in vegetable oil prices. What’s particularly concerning is that global food prices have resumed an upward trajectory this year, climbing steadily since the first quarter. The Food […]
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