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YUMY - Special Report On Food And Ag Commodity Inflation
VanEck Future of Food ETF
Inflation, by any measure, has been building momentum dating back to mid-2020. In the US, overall consumer inflation reached 8.5% in March, with food inflation at 8.8%.
Economic theory suggests that building inflation expectations makes inflation more challenging to tame. This appears to be taking place in our agricultural commodity markets.
The road leading to this food and ag commodity inflation level has been a long and winding one with many unrelated factors since mid-2020.