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Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.

I am your host Kristen Radosh of Arbor Research and Trading. Our commentator today is Sam Rines of Arbor Data Science.

Today Sam explains why it will take time for the decline in food costs to filter through.
\n\u2022 Surging Food Costs
\n\u2022 Fertilizer Prices Back at Pre-War Levels
\n\u2022 What Productivity vs Output
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\nFor further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at gus.handler@arborresearch.com.