Geopolitics Alpha

Military commissaries as metric for food inflation, Nov. 13 talk to discuss

Published . Updated .

Key takeaways

  • Christian Rojas, professor and chair of the Department for Resource Economics at the University of Massachusetts Amherst, will give the talk “Greedflation along the supply chain?
  • Exposed: ITA, XAR, TIP, WMT, COST
  • Market reaction: XAR +5.5% on the day; ITA +3.8% on the day; PG +1.8% on the day

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Military commissaries as metric for food inflation, Nov. 13 talk to discuss

Christian Rojas, professor and chair of the Department for Resource Economics at the University of Massachusetts Amherst, will give the talk “Greedflation along the supply chain? Evidence from military commissary prices,” at noon on Friday, Nov. 13, in 157 Hosler Building at

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story.

  • TIP iShares TIPS Bond ETF-0.3% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • IYT iShares U.S. Transportation ETF

    iShares U.S. Transportation ETF: it holds transport and logistics firms. Linked by “supply chain” (transport and logistics) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+14.1% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PG The Procter & Gamble+11.5% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • KO The Coca-Cola+9.7% 30d

    The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+3.67%+2.77%base+3.82%after closeafter closeafter close
XAR+2.91%+0.53%base+5.46%after closeafter closeafter close
TIP+0.09%-0.20%base-0.25%after closeafter closeafter close
IYT+2.62%+5.05%base+3.43%after closeafter closeafter close
WMT+1.78%+2.99%base+0.11%after closeafter closeafter close
COST-1.21%-0.66%base+1.23%after closeafter closeafter close
PG-1.07%+1.20%base+1.81%after closeafter closeafter close
KO+0.20%+0.21%base+0.20%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Military commissaries as metric for food inflation, Nov. 13 talk to discuss The Pennsylvania State University

Source: The Pennsylvania State University

Price since this story was published: IShares U.S. Aerospace & Defense ETF (ITA)

CompanyWhenMoveStatus
Costco Wholesale (COST)that day+1.23%final price
Costco Wholesale (COST)three days earlier-0.66%final price
Costco Wholesale (COST)five days earlier-1.21%final price
IShares U.S. Aerospace & Defense ETF (ITA)that day+3.82%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier+2.77%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier+3.67%final price
IYTthat day+3.43%final price
IYTthree days earlier+5.05%final price
IYTfive days earlier+2.62%final price
Coca Cola (KO)that day+0.20%final price
Coca Cola (KO)three days earlier+0.21%final price
Coca Cola (KO)five days earlier+0.20%final price
Procter & Gamble (PG)that day+1.81%final price
Procter & Gamble (PG)three days earlier+1.20%final price
Procter & Gamble (PG)five days earlier-1.07%final price
Ishares Tr (TIP)that day-0.25%final price
Ishares Tr (TIP)three days earlier-0.20%final price
Ishares Tr (TIP)five days earlier+0.09%final price
Walmart (WMT)that day+0.11%final price
Walmart (WMT)three days earlier+2.99%final price
Walmart (WMT)five days earlier+1.78%final price
Spdr Series Trust (XAR)that day+5.46%final price
Spdr Series Trust (XAR)three days earlier+0.53%final price
Spdr Series Trust (XAR)five days earlier+2.91%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around IShares U.S. Aerospace & Defense ETF (ITA)

Companies mentioned with this story

  • ITA IShares U.S. Aerospace & Defense ETF

    IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Military commissaries as metric for food inflation, Nov. 13 talk to discuss.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story

  • XAR Spdr Series Trust

    In “Military commissaries as metric for food inflation, Nov. 13 talk to discuss,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story

  • TIP Ishares Tr

    For “Military commissaries as metric for food inflation, Nov. 13 talk to discuss,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    For “Military commissaries as metric for food inflation, Nov. 13 talk to discuss,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Military commissaries as metric for food inflation, Nov. 13 talk to discuss.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    In “Military commissaries as metric for food inflation, Nov. 13 talk to discuss,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    Coca Cola (KO) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Military commissaries as metric for food inflation, Nov. 13 talk to discuss.” Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)

On 9 Nov 2026, “Military commissaries as metric for food inflation, Nov. 13 talk to discuss” is the story that connects IShares U.S. Aerospace & Defense ETF (ITA) to Defense.

The link for IShares U.S. Aerospace & Defense ETF (ITA) is this: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story

A second company, Spdr Series Trust (XAR), is listed for a different reason: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “military” (defense) in this story

Dates and price levels for IShares U.S. Aerospace & Defense ETF (ITA)

ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. XAR traded between 210.89 and 237.55 across 20 sessions. The latest close on file is 231.04.

How solid the defense case looks

46 out of 100

“Military commissaries as metric for food inflation, Nov. 13 talk to discuss” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.