From commodities to food packaging, costs have eased but when will consumers and producers benefit?

Food at home CPI has been growing double digits Y/Y but the cost of a number of inputs, from grains to coffee to chicken to transportation are well off highs and back to early '21 levels in some cases. When will consumers benefit and will producers translate these lower costs to higher margins? Bryan Spillane and Peter Galbo join us to discuss areas within the food and beverage groups where prices will remain sticky, areas that could see some price relief and why some beverage companies could be well positioned in an environment of lower costs and thriftier consumers.

 

You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life.

 

"Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities.

©2022 Bank of America Corporation. All rights reserved.