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Beef consumption in Brazil totals 26.5 kg/person in 2021, down from its peak of 42.8 kg/person in 2006 and the lowest level in 25 years, hindered in part by rising prices, according to government statistics

Rabobank: Agricultural commodity prices up average of 28% in 2021, and unlikely to drop to pre-Covid levels over coming 12 months; food commodity prices supported by inflation in general economy, reinforced by higher shipping, energy and fertilizer costs

Commentary: Profit growth for US corporations expected to slow next year as rising inflation, rapidly spreading COVID-19 variant add to uncertainty; key factor supporting valuations is low interest rates, which is likely to change as Fed becomes hawkish

Executive Perspective: General Mills will initiate further price increases in its fiscal Q3 amid higher input-cost inflation, says CEO Jeff Harmening

Conference Board Leading Economic Index up 1.1% in November to 119.9 following a 0.9% increase in October; sharp gain suggests economic expansion to continue into H1 2022 as inflation, ongoing supply chain disruptions, resurgence of COVID pose risk to GDP

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