T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
Get in touch with us now| Characteristic | Freight rates | Grain prices |
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Source
Source
Release date
June 2022
More information
Region
Worldwide
Survey time period
February to May 2022
Special properties
Increase is compared to prices based on values from February 2022
Supplementary notes
The source notes about the methodology: "Scenario with a 59 percent dry bulk freight rate increase and a 19 per cent global grain price increase compared to no increase (i.e. same freight rate and grain price levels as February 2022) as a percentage of the consumer food price level. The assumptions are based on a 59 per cent increase in the Baltic Dry Index between February 2022 and May 2022 and a 19 per cent increase in the global grains price index between February 2022 and April 2022. The simulation methodology is similar to the one used in chapter 3 of Review of Maritime Transport 2021" The source notes: "Calculations based on data provided by Clarksons Research Shipping Intelligence Network, the IMF, International Financial Statistics, Direction of Trade Statistics and Consumer Price Index, UNCTAD Statistics, and the World Bank, World Integrated Trade Solution, Commodity Price Data (The Pink Sheet) and A Global Database of Inflation (accessed May 2022)."
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