food

China threw in a surprise trade deficit number this past month. However, It looks to be a one off. UBS' Andy Lees in London explains: The February trade numbers slipped to a deficit of USD7.3bn. The number is usually volatile at this…

Oil prices are on the march higher again today. Brent is trading above $115 a barrel. While WTI is now above $100. Federal Reserve Chairman Ben Bernanke does not believe the recent rise in oil prices will cause the U.S. recovery to buckle…

Bill Fleckenstein was back talking to Dylan Ratigan about the source of rising oil prices. (See the last Fleckenstein video here). Clearly, supply constraints and increased demand in emerging markets play the central role in creating a…

One serious addendum I made to my 2011 outlook had to do with oil and commodity prices. While I am cautiously optimistic, there are a number of potential pitfalls to a rosy scenario. Here's what I said about oil and commodities:…

With commodity prices, there are a number of forces at play working to increase prices, including a thirst for natural resources in China and other emerging markets, a natural disaster in Australia, and the La Niña effect on agricultural…

We know that the Chinese have turned to price controls to stop the rise in food price inflation. Everywhere in the emerging markets, where incomes are lower than in the developed world, the rise in commodity prices is putting huge strains…

Emerging markets are seeing a lot of imported price pressures, causing their economies to overheat and increasing food price pressures. Rahul Bajoria, regional economist at Barclays Capital, sees strong food price pressures in the…

I caught this at the bottom of Andy Lees' morning note: China – To limit inflation China will impose price controls on food according to the NDRC, and will severely punish anyone found speculating on corn or cotton. “The policies that…

Morgan Stanley had a note out yesterday on the pass-through of commodity price inflation into consumer price inflation. Their conclusion is that the pass-through will be weak. But, at the margin this will keep the U.S. from tipping into…