USDA | FOOD PRICES TO SOAR HIGHER

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Based on the numbers we are seeing out of the USDA, Agricultural Commodities are still trading at bargain prices. The fundamentals are worse than 2013/2014 yet the pricing index for most commodities is still very low. As fundamentals become more of a reality in the traders realm, these prices will begin to take off. Coupled with inflation, they are set to rise firmly and fast in 2021.

This posses a problem for consumers while offering some opportunity to Agricultural Producers. The environment for price deflation remains off the radar as we grapple with continued disruptive weather events, food protectionism, carbon banks, and land conservation policies.

0:00 Food Prices to rise in 2021
0:40 La Nina Impacts on Crops
1:30 South American Crop Expectations
2:10 Food Price Inflation
3:00 Food Protectionism by Governments
4:00 China's Impact on Grain Markets
4:49 Food Price Impacts on the Consumer
5:19 Agricultural Commodities are Fundamentally Low
7:10 Why are crops carryouts so low?
9:00 Solar Cycle Impacts on Agriculture
10:56 Biden's USDA Transition Team
14:20 Asian Rice Woes
16:20 USDA January WASDE Report

#foodsecurity #grains #usda #foodprices #adapt2030 #climatechange #foodcrisis #corn #wheat #rice #soybeans #commodities