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Webinar: Commodity in Focus: Food inflation outlook — Impact of El Niño
The looming threat of El Niño is raising alarms regarding food inflation. El Niño is expected to disrupt global weather patterns and have a significant impact on agricultural production and supply chains, which in turn can drive up food prices. In this hour-long webinar, our Head of Commodity Intelligence, Hemant Bansal, along with our commodities experts Kumar Amit and Nidhi Jain, discussed the impact of El Niño weather conditions on food inflation, including:
- What is El Niño and what are its broader economic implications (logistics, energy, food inflation)?
- Analysis of previous El Niño years, highlighting the extent of similarities or differences with the current scenario
- Agro commodity demand, supply, and price outlook (grains – wheat and corn, vegetable oils – palm oil and soybean oil, and soft commodities – sugar and cocoa)
- Role of additional factors such as the end of the Black Sea grain deal and drought in the US/Europe
Webinar date – Tuesday, 26th September 2023
In his nine years with The Smart Cube, Hemant has risen through the ranks from a Forecasting Analyst to Commodity Solution Lead. Leading a team of 20, he is responsible for end-to-end delivery of commodity price forecasting projects for clients across major commodity categories. With a Master’s degree in Statistics, Hemant is an in-house expert of Commodity Volatility Management across sectors – including CPG, Industrials and Life Sciences. Outside work, he spends his weekends watching documentaries and reading applications of Bio-Statistics.