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Which region will be most affected by food price increases by mid-2025?
2
Resolution / Starting Odds
Asia • 25%
Africa • 25%
Europe • 25%
Americas • 25%
UN Food and Agriculture Organization reports and major news outlets
Story
UN Says Global Food Prices See Largest Jump in 2.5 Years, Led by Sugar, $6.8 Billion Hedge Fund Inflows
Oct 5, 2024, 07:30 AM
Global food prices experienced the largest increase in 2.5 years in September, driven primarily by a significant rise in sugar prices. This surge affected a broad range of commodities, including wheat and edible oil. The United Nations highlighted the sugar price spike as a major factor in the overall food price increase. Additionally, hedge funds made substantial investments, buying 187,000 contracts worth $6.8 billion during the last week's COT report window, marking the biggest weekly inflows in four years. Key drivers for these investments included Chinese stimulus measures, adverse weather conditions in Brazil, CTA trader buying, bullish seasonal turns, and new geopolitical risks in the Middle East.
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North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia (excluding Japan) • 25%
Japan • 25%
Middle East • 25%
Europe • 25%
Asia • 25%
North America • 25%
Europe • 25%
North America • 25%
Asia • 25%
Africa • 25%
Northeast US • 25%
Southeast US • 25%
Midwest US • 25%
West US • 25%
North America • 25%
Europe • 25%
Asia • 25%
Africa • 25%
North America • 25%
Europe • 25%
Asia • 25%
Africa • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
Africa • 25%
Middle East • 25%
Asia • 25%
Other • 25%
Africa • 25%
South-East Asia • 25%
Eastern Mediterranean • 25%
Americas • 25%
Africa • 25%
Asia • 25%
Europe • 25%
North America • 25%
Increase in North America • 25%
Increase in Europe • 25%
Increase in Asia • 25%
No significant increase • 25%