Understanding commodity prices: FCC Food & Beverage Economics
Tuesday, January 16, 2024
Reference: FCC
Commodity price trends and the existence of futures markets are useful tools to identify patterns and make profitability projections for food and beverage manufacturers. In this video, J.P. Gervais, FCC Chief Economist, reviews how commodity prices are established and the trends to watch for.
What you’ll learn:
- How agricultural commodities prices matter greatly for the profitability of food and beverage manufacturers
- Supply and demand is the most powerful tool to anticipate agricultural commodity price trends
- Watching the evolution of prices in futures markets can be useful to project future price trends
Looking for more economic insights and expertise? Find tools and resources to help you manage your food and beverage business at FCC Knowledge.
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