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What rising global fertiliser prices means for food costs and inflation
Published 3 months ago
Description
Markets held relatively steady to close the week, with the ASX200 dipping just 0.1 per cent but still breaking a three-week losing streak, as Adam Dawes from Shaw and Partners unpacks the key movers including sharp losses in tech and gains in energy stocks. At the same time, fresh warnings from the OECD point to rising global food prices if conflict in the Middle East continues to disrupt fertiliser shipments through the Strait of Hormuz. Stefan Vogel from Rabobank Research explains what that could mean for Australian farmers, supply chains and grocery bills in the month's ahead.