As an Amazon Associate I earn from qualifying purchases from

Coming to a grocery store near you: The 2021 price shock

Bloomberg/Megan Durisin and Deirdre Hipwell

Repost from 4-25-2021

graphic image of lines in the sand pointing higher

“This week, the Bloomberg Agriculture Spot Index — which tracks key farm products — surged the most in almost nine years, driven by a rally in crop futures. With global food prices already at the highest since mid-2014, this latest jump is being closely watched because staple crops are a ubiquitous influence on grocery shelves — from bread and pizza dough to meat and even soda.”

USAGOLD note: If true, it could be the first rumblings of inflation hitting Main Street …… The Fed’s 2% line in the sand could go vertical quickly and without warning.


This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.

Source link

We will be happy to hear your thoughts

Leave a reply

Backup Investor
Enable registration in settings - general
Compare items
  • Total (0)