Discover and read the best of Twitter Threads about #foodprices

Most recents (10)

@PierrePoilievre's dishonest and shameful 'blame it all on Trudeau' campaign for things the PM does not control rages on. In fact, the PM does not control #foodpricing, #fueloilpricing, #rentpricing, #mortgagepaymentpricing or #interestrates in Canada.
IMO @PierrePoilievre 's dishonourable rhetoric on rising food, gas, oil prices, interest rates & rents is evidence of intent to deceive.
Why doesn't the media challenge him to provide alternative proposals instead of publishing his attacks on Trudeau for things he can't control?
@PierrePoilievre knows that #groceryprices result from factors that include yields, weather, wildfires, drought, global supply chain problems and grocery chain price gouging, etc. Implying otherwise is #misinformation.
Read 35 tweets
The Democratic Alliance in Bela-Bela says the price of basic food is out of control coupled with monthly price increases in fuel and high electricity costs, and many residents can no longer stay afloat.#FoodPrices NM
This as the party in Bela Bela launched a campaign against high #FoodPrices earlier today.NM
DA Political Head for Bela-Bela, Desiree Van Der Walt says during the national launch of the campaign, the party made several proposals to President Cyril Ramaphosa, including cutting unnecessary fuel taxes and levies to reduce the cost of food transport.#FoodPrices NM
Read 5 tweets
Core #CPI (excluding those volatile #food and #energy components) came in at 0.6% month-over-month and rose 6.0% year-over-year.
Meanwhile, headline #CPI data printed at a very strong 1.0% month-over-month and came in at 8.6% year-over-year, spiking higher on #shelter, #gas and food costs.
These persistently outsized gains in #inflation are clearly having an impact on business and #ConsumerConfidence. Also, the #Fed’s favored measure of inflation, core #PCE, increased 0.34% in April, bringing the year-over-year figure for the measure to 4.9%, as of that month.
Read 14 tweets
πŸ‡·πŸ‡ΊπŸ‡ΊπŸ‡¦
Air-defences at #Belgorod last night
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Video from the border village in #Belgorod that was bombed by the Ukrainians has been published
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Ukr drone (I think quadrocopter) dropping a bomb on a Rus position
Read 76 tweets
Citing the previous tweet
and adding more information hoping to help get a clear panoramic on increasing #foodprices and the increasingly looming narrative of #recession πŸ‘‡
A massive backlog of #grains is piling up in #Ukraine to the tune of nearly 25 million tons due to "#infrastructure challenges" and blocked #ports in the #BlackSea, including #Mariupol - @Reuters reports πŸ“°
reuters.com/world/europe/u…
#Ukraine was the fourth-largest corn exporter in the 2020/21 season and the sixth-largest #wheat exporter in the world, according to the #IGC (International #Grains Council).
igc.int/en/downloads/2…
Read 18 tweets
Skyrocketing #global #foodprices, panicked low income and poorer fringes of the population facing severe #hardship, struggling #emergingmarkets and #SriLanka on the verge of #anarchy - all wrapped up in a massive #market sell-off: what is happening 🌎 ❓
Things did not improve in April on #food prices:
the #FAO Food Price Index fell 0.8% month-over-month to 158.5 points in April 2022, but still remained close to the all-time high of 159.7 points in March.
#vegetableoil prices declined significantly (-5.7%) after hitting an all-time high in March under pressure from #palm, #sunflower and #soybean #oils.

In addition, #grain prices fell slightly (-0.4%), after also rising to all-time highs in March.
Read 9 tweets
The previously mentioned Mikhail Podolyak was quick to use the #Bucha "massacre" to ask for more weapons
It's worth noting that the Rus Army left the town on Mar 30,,,,4 days ago but footage appeared only today
ImageImage
#RussiaUkraine
#UAV footage of a strike on a Ukr target during the battle for #Izum at the end of March
#RussiaUkraine
#LPR Artillery....some awards given to distinguished crews
Read 450 tweets
@vovka3232 #RussiaUkraine
The deputy commander of the Ukr 503rd Independent Marine Infantry Btn has been captured in #Mariupol. He say the remnants of the unit have broken up in small groups to try to make it through the blockade
@vovka3232 #RussiaUkraine
Georgian Dato Gobedzhishvili & Belorussian Dmitry Apanasovich from the "Georgian Legion" have reportedly been killed at #Irpen near #Kiev ImageImage
@vovka3232 #RussiaUkraine
First footage of combat use of the new #ISDM Remote Mining System in the #Kharkov area
More info in link
armyrecognition.com/june_2020_news…
Read 215 tweets
A few months ago, #markets expected U.S. #inflation to peak by mid-2022 at around 7% to 8% at the headline level and then anticipated that generalized #price gains would decline into year end, closing the year around 4%.
However, the tragic war now unfolding with Russia’s attack upon Ukraine has not only sent #energy prices skyrocketing but it has led to much greater uncertainty over #economic growth and #MonetaryPolicy reaction functions, in Europe and indeed around the world.
Core #CPI (excluding volatile #food and #energy components) came in at 0.5% month-over-month and 6.4% year-over-year. Meanwhile, headline CPI data printed at 0.8% month-over-month and came in at 7.9% year-over-year, the greatest increase over a 12-month period since January 1982.
Read 17 tweets
Some perspectives on potential for disruptions in food exports in lieu of the #Covid_19 crisis from @JacobShap's excellent newsletter...While most prices have dropped initially it is something to keep an eye on..#GlobalTrends #FoodScarcity #AGs #FoodPrices #Inflation Image
Here is the full overview from the FAO report Jacob quoted - get the FAO repot here: fao.org/3/ca8388en/CA8… Image
Some more perspectives on the current developments in agricultural #commodities..Supplies ample, demand slack but supply chain disruptions are a real risk & l. term supply may be affected by constraints on labour pool if the crisis is prolonged & hits key global 'breadbaskets'.. ImageImageImage
Read 3 tweets

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