3 ms·
There certainly was a massive late cold that too (extremely rare) impacted the Rhône banks (big fruit region in France). I don't know about Italy but we're in f
by touisteur 5y ago
There certainly was a massive late cold that too (extremely rare) impacted the Rhône banks (big fruit region in France). I don't know about Italy but we're in for a very expensive turn of year.
I'm not surprised wheat is touched too.
My only gripe is that prices usually don't come down when the original problem causing the spike went away (say one or two years after). I'd like to understand why but feel it's one of these questions I'm not going to like the answer...
- nradov 5y agoPrices do frequently come down for wheat and other agricultural commodities. However those commodity prices are only loosely correlated to prices that you pay at the grocery store. https://tradingeconomics.com/commodity/wheat https://tradingeconomics.com/commodity/wheat
- touisteur 5y agoAh, yes, good reminder, thanks. Then I have my baker to thank next time he raises prices... 'because wheat prices, you know' and never taking them down.