One theme we’ve harped on this year has been the reignition of global food prices, which show little sign of abating as the new year quickly approaches. Among the most impressive rallies has been in the cocoa market, outpacing all major commodities in 2024 amid tightening global supplies. Prices for orange juice and coffee have also surged, highlighting sticky food price inflation.
The dire situation in West Africa — home to the world’s largest cocoa farms — has pressured bean prices to record highs as crop disease and adverse weather conditions sparked a global supply crunch.
Last week, Goldman analysts told clients to go long cocoa (more about the trade here) for “another rally” driven by “structural supply deficits, under-hedged consumers, and historically low warehouse stocks.”
Supply concerns pushed cocoa futures in New York to nearly $13,000 per ton last week. This surge has driven prices by almost 200% this year, making cocoa a top commodity performer.
Next is orange juice; futures in New York soared 73% on the year amid imploding citrus production in Florida. […]
— Read More: www.zerohedge.com
What Would You Do If Pharmacies Couldn’t Provide You With Crucial Medications or Antibiotics?
The medication supply chain from China and India is more fragile than ever since Covid. The US is not equipped to handle our pharmaceutical needs. We’ve already seen shortages with antibiotics and other medications in recent months and pharmaceutical challenges are becoming more frequent today.
Our partners at Jase Medical offer a simple solution for Americans to be prepared in case things go south. Their “Jase Case” gives Americans emergency antibiotics they can store away while their “Jase Daily” offers a wide array of prescription drugs to treat the ailments most common to Americans.
They do this through a process that embraces medical freedom. Their secure online form allows board-certified physicians to prescribe the needed drugs. They are then delivered directly to the customer from their pharmacy network. The physicians are available to answer treatment related questions.
