Fri, Oct 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Price Watch more

Big harvests to heap pressure on food prices into next year

Posted on 04 December 2013

Agricultural food prices are expected to post double digit price falls this year and next, thanks to plentiful supplies of cereals, sugar and vegetable oil, according to Macquarie, the investment bank.
Macquarie, which has launched a new benchmark for global food prices, said it expected food prices to decline by 11 per cent in 2013 and by 10 per cent in 2014. The bank’s Macquarie Agricultural Commodity Price Index is forecast to rise 2.8 per cent in 2015………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031