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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.
Volatility Defines 2025 in Food and Agriculture Markets – How do You Navigate It?
2025 has been a year marked by uncertainty in the food and agriculture sector. Volatility is the defining characteristic, with a cascade of global events disrupting pricing, availability and trade dynamics. From geopolitical tensions and severe weather events to animal epidemics and macroeconomic shifts, commodity markets have become increasingly difficult to navigate for buyers and sellers alike.
“The key challenge for businesses at the moment is having to navigate different markets going in different directions,” said Tom Bundgaard, VP of Price Forecasting...
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