Yeah the only way I can see that prices now would rise in anticipation of months-away shortages would be someone buying loads of nonperishable food and putting it into a warehouse for storage. No one would do that at scale; they would expect to be vilified and their property confiscated.
Maybe we could look at the price of some financial instrument to learn the market’s belief about future food prices, but I wouldn’t know the details.
I’d imagine increased costs first squeeze ‘existing’ profits before prices rise so maybe publicly owned grocery companies would be a good enough (indirect) proxy.
Yeah the only way I can see that prices now would rise in anticipation of months-away shortages would be someone buying loads of nonperishable food and putting it into a warehouse for storage. No one would do that at scale; they would expect to be vilified and their property confiscated.
Maybe we could look at the price of some financial instrument to learn the market’s belief about future food prices, but I wouldn’t know the details.
I’d imagine increased costs first squeeze ‘existing’ profits before prices rise so maybe publicly owned grocery companies would be a good enough (indirect) proxy.