UK food and drink exports fall as US tariffs and Brexit trade friction bites – business live. Rolling coverage of the latest economic and financial newsThe food industry also faces the threat of climate change, with forecasts of a “very strong” El Niño this year.Goldman Sachs have predicted that global food commodity prices would be pushed higher, with a delay, if predictions that the El Niño detected in the tropical Pacific is unusually intense.We find a 1.0°C El Niño shock drives a 9.55% peak increase in global wholesale food prices after two years.
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Trechos de apoio da pauta: Rolling coverage of the latest economic and financial newsThe food industry also faces the threat of climate change, with forecasts of a “very strong” El Niño this year.Goldman Sachs have predicted that global food commodity prices would be pushed higher, with a delay, if predictions that the El Niño detected in the tropical Pacific is unusually intense.We find a 1.0°C El Niño shock drives a 9.55% peak increase in global wholesale food prices after two years. Scaled to the expected 2026 “very strong” event (implying a 1.65°C temperature increase), our model projects a cumulative 15.8% surge in food commodity prices, fully realised by 2028H2.
- Ponto de atenção: food.
- Ponto de atenção: drink.
- Ponto de atenção: exports.
Em resumo, a leitura editorial acompanha o impacto do tema no nicho Carreira.