Global Food Prices Explode Higher In March As Ukraine Supply Shock Strikes

Source: https://www.zerohedge.com/commodities/global-food-prices-hit-new-record-ukraine-supply-shock
Published: Apr 8, 2022
Author: Tyler Durden
Post Date: 2022-04-08 18:35:45 by Horse
Views: 200

Inflation riots already beginning... The world is careening towards a food crisis...

Poster Comment:

Sri Lanka, Iraq and countries in Africa have already had food riots. Argentina and Paraguay have banned grain exports. If you need minerals or parts or anything else from a nation torn apart by food riots, you can expect severe delays. Worse supply chain makes for higher prices.

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#1: Horse    To: All (#0)

JPMorgan Warns Of Imminent "Acute Agricultural Supply Shock" And How To Trade It

"The war in Ukraine raises risks of an acute agricultural supply shock, since Russia is the world's leading exporter of wheat, and Ukraine is the third to fourth largest exporter of both wheat and corn"

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https://www.zerohedge.com/markets/jpmorgan-warns-imminent-acute-agricultural-supply-shock-and-how-trade-it

Horse posted on 2022-04-08 18:39:08   Reply   Private Reply