Markets · 1 sources covering this

Sugar Optimism Hinges on El Niño Impact

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027. Arkady Gevorkyan, Citi Commodities Strategist, breaks down how t…

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·2h ago
Sugar Optimism Hinges on El Niño Impact
As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027. Arkady Gevorkyan, Citi Commodities Strategist, breaks down how t…
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/4d0a564cd8b861a2c7e27df13f273272f90c1714"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Sugar Optimism Hinges on El Niño Impact"></iframe>

Sugar Optimism Hinges on El Niño Impact

How 1 sources are covering this