Edible Oil Prices Hit Record High As Food Inflation Treat Soars

Prices of edible oils have been rising across the world. Palm oil, the world's most consumed vegetable oil, surged to a new record high, spreading concerns about persistent global food inflation.

Malaysia's palm oil futures soared more than 40% this year, while soybean oil is up more than 50%. Prices of canola oil are also at a record.

"There are no stopping prices from going higher" until policies are implemented that are likely to cool the commodity market, such as higher interest rates," Varqa said.

… This means that the weight of vegetable oils in the UN's Food and Agriculture Organization's FAO Food Price Index will continue to pressure global food prices higher. Last month, the index hit a new decade high, which includes a basket of food commodities (such as cereals, vegetable oils, dairy, meat, and sugar).

#FoodPrices #soybeans

https://www.zerohedge.com/commodities/edible-oil-prices-hit-record-high-food-inflation-treat-soars

Do-It-Yourself Projects to Get You Off the Grid: Rain Barrels, Chicken Coops, Solar Panels, and More PDF


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NEW - New Zealand Prime Minister Jacinda Ardern, when asked by a reporter if she was creating two classes of people, with the vaccinated receiving special privileges, confirmed, "That is what it is, yep".

@disclosetv

And common sense.

🌶🌶🌶everybody’s feeling spicy today 😍

I’m A Twenty Year Truck Driver, I Will Tell You Why America’s “Shipping Crisis” Will Not End

#SupplyChain

https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-i-will-tell-you-why-america-s-shipping-crisis-will-not-end-bbe0ebac6a91

JUST IN - Biden admin to publish rules on vaccine mandates for businesses in the coming days, the U.S. Department of Labor said on Monday.

@disclosetv

Rights are never eroded, they are only infringed.

The quicker you can grasp that inherent rights mean that they were standard at birth, not given by man, the faster you’ll get angry enough to fight anyone that tries to infringe upon them.
⚔️
When someone tries to take your wallet and hard earned money, do you pay them not to rob you?
NO.
If so, they will continue to take more and more.
So why would you comply with infringements on your health, livelihood or freedom?
Take a step back and observe our current situation from a distance. You’ll see how absurd it is that people go along with unlawful attacks on basic rights.
More on that later…

Maybe not my favorite face but one that shows up a lot lately ⚔️
Anybody else feel like that long, dark winter is
upon us?
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Optics: @holosunoptics

I’ll take 3 acres 😊