Latest
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Chart of the week: hogs high on swine fever
Charts The number of pigs in China, around 450 million, is set to shrink by a third by the end of 2019 as swine flu rages – meanwhile, US pork sales to China have hit a record high.
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Chart of the week: coffee comes off the boil
Charts Coffee prices have tumbled to a 12-year low, thanks to a bumper crop in Brazil – the world’s largest producer – and a stronger US dollar.
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Chart of the week: cheese – the first casualty of the trade war
Charts US cheese prices have crumbled thanks to a glut – the block cheddar cheese benchmark price settled at around $1.54 a pound
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Chart of the week: vanilla could soon be off the menu
Charts Vanilla prices have rocketed to a record peak of more than $600 a kilo, after a cyclone in March dented supplies from Madagascar, which accounts for half of world output.
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Chart of the week: “shrinkflation” hits the chocolate market
Charts Toblerone, Quality Street and Creme Eggs have all been hit by “shrinkflation”, with customers getting less for more after the price of cocoa butter soared – up 40% this year alone.
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Chart of the week: bumper harvest hits truffle prices
Charts Heavy rains in the Tanaro river basin in Piedmont, northwest Italy, have led to a bumper harvest of Alba white truffles this year.
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Chart of the week: the rise of the garlic-hoarders
Charts The wholesale price of garlic in China, which accounts for more than 80% of the world’s exports, has risen since 2015 as heavy rains damaged crops. Garlic hoarders and speculators have propelled prices to multi-year highs.
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Chart of the week: lobster prices are boiling over
Charts Hipsters’ passion for lobster rolls has helped propel lobster prices to an 11-year high. Global lobster imports were 7% up year-on-year in the first quarter, with imports to the EU up 20%.
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Chart of the week: America’s butter mountain
Charts Spot butter prices in America hit a record peak above $3 a pound in 2015, but now they are falling. Butter stockpiles are up 52% from a year ago and close to a 23-year high.
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