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Sunday, October 27, 2024

Beef, Pork, Shrimp, Eggs, And Now Orange Juice

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Yesterday we reminded those who fear the dreadful deflation ogre and its extreme monetary policy supporting fantasy that food inflation was in fact soaring. Of course, for those that do not eat Beef, Pork, Eggs, or Shrimp – everything's fine… except today we add yet another 'staple' to the extreme inflationary dilution of the average consumer's pocketbook… orange juice!

  • *ORANGE-JUICE FUTURES RISE AS MUCH AS 1.5% TO TWO-YEAR HIGH

 

Charts: Bloomberg

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