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Moving Beyond Tariff Headlines and Managing Supply Chain Complexities - Agri-Food Americas
Marcel Goldenberg, Chief Market Reporting Officer for Food, Feed & Industrial at Expana, outlined key trends and challenges shaping commodity input markets, urging agri-food companies to adopt data-driven strategies to manage rising costs and supply chain complexities.
Speaking at Agri-Food Americas 2025 in Chicago today, Goldenberg highlighted that the Producer Price Index (PPI) rose 2.7% year-on-year from August 2024 to August 2025. “Energy was up 5.2%, electricity up 6.3%, piped gas up by 7.1%, but some have dropped, like gasoline, fuel oil,” he said
Is a Recession on the Horizon? - Agri-Food Americas 2025
Since commodities follow the macroeconomy, analyzing the broader economy, especially the Purchasing Managers Index (PMI) – a timelier index than GDP, can help gauge the path ahead for commodity prices, Tom Bundgaard, Vice President, Forecasting , Expana, said at Agri-Food Americas in Chicago today.
There is not only a correlation between PMI and commodity prices but there is also a lead lag between the two. The highs and lows in PMI come with a bit of a lead lag before we see similar peaks for commodity categories.
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