Food Prices Could Rise

As the tables below show wheat, oats, maize, canola and soybean and soyflavor shows the prices for basics for animal food are very high. If this holds on prices for meat, milk and milk products will be rising.

Cotton prices are developing normal, so the garment prices shouldn’t rise ponderable.

What’s ponderable is that the products made in Africa and Asia doesn’t rise they developed normal or are deep. Only palmoil and sugar rises sharply because they become relevant for energy production.

Prices of wood double-peaked and is still very high what could make furnitures and house prices very expensive.

It is astonishing as prices were the ratio of offer and demand. We are living in the Corona pandemie crisis and there is no demand of the food-service sector. Many events doesn’t happen. So the prices for food should be deep.

Wood

Coffee

Oats

Kakao

Cow

Meager Pork

Maize

Fat Cow

Milk

Orange Juice

Palmoil

Canola

Rice

Soybean

Soyflavor

Cotton

Wheat

Sugar

( Source of all tables: finanzen.net )

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