Food commodities still at risk of coronavirus 'market shock' -FAO/OECD

PARIS - A knock to food consumption in a global recession triggered by a coronavirus epidemic could produce a “market shock” of tumbling agricultural prices, the U.N.’s food agency and the OECD said on Thursday.

“The macroeconomic shocks induced by the COVID-19 pandemic are expected to put downward pressure on agricultural commodity prices,” they said, adding there was potential for “a historically significant market shock” this year. It marked their first analysis of the possible consequences of the new coronavirus on agricultural markets.

“The markets have done a good job of getting over the initial shock,” OECD Secretary General Angel Gurria told an online news conference.

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Food commodity prices at risk of 'market shock' falls: FAO/OECDAmple supply and a knock to consumption in the event of a global recession threaten to produce a 'market shock' as food prices tumble, the U.N.'s food agency and the OECD said in a report published on Thursday. What he did? this picture sucks. (what is depicted, not the shot composition, which is excellent.) The reason why am sharing this is to help others who are ready to invest their money I started investing in BITCOIN AND FOREX TRADING with $1000 and since then I have been earning $24,000 monthly anyone who is interested should contact jamesalvinbtc he is the one trading for me
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