Inflation Already at Decade Highs… Devastating floods in Germany, China, Turkey, and India. Scorching hot weather in the Western U.S. and Canada. Worst frost in two decades across Brazil. These recent weather phenomena are rapidly intensifying and threaten further food inflation already at decade highs.  We documented last week Brazil had some of the worst frost conditions in two decades. Temperatures dropped below zero and delivered a massive blow to farmers across the country’s coffee belt. The result has been sky-high coffee prices.  Back-to-back heatwaves continue to scorch the Earth across the Western half of the U.S. The corn belt, which spans the Midwest, lacks rainfall, and hot weather could negatively impact crop development, leading to an underwhelming harvest.  In Europe, China, Turkey, and India, devastating floods have torn apart towns, damaged farmland, and killed hundreds of people. Torrential rains have the risk of … Continue reading Weather Phenomena Are Rapidly Intensifying and Threaten Further Food