Inflations & Correlations

Macroeconomic influences continue to dominate market headlines. This report analyzes common assumptions and correlations between commodity markets, food, and monetary policy.

News and opinions this week have been fairly consistent about the impact on agriculture of the banking failures. To sum up:

1. It is by and large a U.S. and an EU phenomenon.

2. Less developed economies will feel the pinch of tightening credit, as well as farmers in these countries.

3. Agriculture in countries with more stable banking systems will be less impacte…