Two weeks ago, Russia invaded Ukraine, inflicting horrific violence on the Ukrainian people and capturing the attention of the world. Russia and Ukraine are large producers and exporters of agricultural commodities. How will the war will affect the world's food supply?
Good data and research on wheat exports, but overall a terrible article and title.
Russia's (and Ukraine's) outright wheat exports are not the only factor in world food.
Escalating energy prices - both diesel and propane - will impact grain production.
So will fertilizer prices.
Then there's the pandemic-induced shortages in labor and semiconductors --> tractors.
A terrific article, but this war is just one of the factors potentially fueling an agricultural crisis, the others being rising natural gas prices and climate change. From a macro view, it seems like we're heading down this road and the war is just adding fuel to the fire.
Great article Aaron - very insightful