Non-food agricultural commodity prices
|
Although the overall dollar commodity price index has drifted down, the index of non-food agricultural prices has gained 12% this year. America's timber stocks are low, and Canada has cut shipments to head off import sanctions. Fashion fads and foot-and-mouth disease have boosted hides.
This article appeared in the Economic & financial indicators section of the print edition under the headline “Non-food agricultural commodity prices”