Macroeconomics Food Inflation Cools Off Slightly December data from China’s National Bureau of Statistics show food prices rose year-on-year by 17.4 percent as compared to December 2018. Pork prices as noted in last week’s report were up for the month by 97 percent on an annualized basis. Nonetheless, December saw the first retreat in food prices since February. Apart from pork, edible oil prices increased in December by 4.8 percent over the previous year, while prices for fresh vegetables and eggs jumped by 10.8 percent and 6.2 percent, respectively. The only reprieve involved fresh fruit, which fell by 8 percent compared with December 2018. China’s food inflation has been the main driver of the country&rsq...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
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