• 806 days Will The ECB Continue To Hike Rates?
  • 806 days Forbes: Aramco Remains Largest Company In The Middle East
  • 808 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,208 days Could Crypto Overtake Traditional Investment?
  • 1,213 days Americans Still Quitting Jobs At Record Pace
  • 1,215 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,218 days Is The Dollar Too Strong?
  • 1,218 days Big Tech Disappoints Investors on Earnings Calls
  • 1,219 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,221 days China Is Quietly Trying To Distance Itself From Russia
  • 1,221 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,225 days Crypto Investors Won Big In 2021
  • 1,225 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,226 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,228 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,229 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,232 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,233 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,233 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,235 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Agri-Food Thoughts

Waving a magic wand and making speeches does not prevent reality from creeping into statistics. Per the FRB-Cleveland, the U.S. inflation trend is as shown in the following table.

U.S. Inflation Measures, Year-To-Year % Change
Measure Aug Sep Oct Nov Dec Jan
Core CPI 2.1 2.1 2.2 2.3 2.4 2.5
Median CPI 2.9 3.0 3.0 3.1 3.1 3.2

Gnomes in government statistical offices can remove the direct influence of food and energy from the headline number and arrive at core inflation. However, they can not remove the indirect influence of higher food and energy costs. Those higher and rising prices are coming through indirectly in other prices, such as those of imported Chinese goods. See chart. Food and energy prices rising are causing those prices to rise, and will trickle into the artificial measures created by governments.

Rather than be a complacent victim of rising food prices, investors can turn to Agri-Food investments to protect their wealth. While popular market themes are providing poor returns, Agri-Food stocks have been doing well. This success was recently reported in the Washington Post, which means the world of investors will become informed and gravitate to these stocks. See article at http://www.washingtonpost.com/wp-dyn/content/article/2008/02/16/AR2008021600203.html.

AGRI-FOOD THOUGHTS are from Ned W. Schmidt,CFA,CEBS, publisher of Agri-Food Value View, a monthly exploration of the Agri-Food grand cycle being created by China, India, and Eco-energy. To review a recent issue, write to agrifoodvalueview@earthlink.net.

 

Back to homepage

Leave a comment

Leave a comment