Inflation and conflict are at the centre of our analysis this quarter as we explore, from the unique perspective of the commodity markets, how much of the recent run up in prices is structural rather than temporary. First Covid, then the invasion of Ukraine have clearly supported whatever inflationary forces were building in the global economy…
What does a plant protein transformation actually mean for the normal functioning of crop markets?
A good old fashioned model of inflation fit for modern times, including a little entertainment for a rainy day.
The strange new experience of the real adjustment of prices, output and interest rates.
Evidence suggests real commodity prices are firming up.
The balance of power in grain markets is shifting. Will this cause more food and energy related conflict?