Bloomberg Agriculture Index Surges to Highest Monthly Gain Since Arab Spring

Agricultural commodity prices spiked dramatically, marking the largest monthly increase in over a decade amid mounting concerns over global food security and supply chain disruptions.

2 Sept, 12:35 — 2 Sept, 12:35

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zerohedgeLow6d ago

Bloomberg Agri Index Posts Biggest Monthly Jump Since Arab Spring Riots As Food-Crisis Risks Mount

Bloomberg Agri Index Posts Biggest Monthly Jump Since Arab Spring Riots As Food-Crisis Risks Mount The Bloomberg Agriculture Spot Index (BCOMAGSP) posted its largest monthly gain since the chaotic days of the Arab Spring riots and is nearing a breakout above its 2023 highs, signaling a broad-based acceleration in agricultural commodity prices. The upside momentum comes as Wall Street increasingly warns that a perfect storm of factors, from El Niño and higher fertilizer and diese...

By Tyler Durden

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Bloomberg Agriculture Index Surges to Highest Monthly Gain Since Arab Spring

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Bloomberg Agri Index Posts Biggest Monthly Jump Since Arab Spring Riots As Food-Crisis Risks Mount

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