Today the THINK Economic and Financial Analysis published an in depth article looking at the impact of the Ukraine war on food and agriculture, the article begins:
'The war in Ukraine has many ramifications across the food chain. Consequences include the disruption of business operations and trade flows, higher commodity and energy prices and a deteriorating economic outlook. The impact is trickling down to many food & agriculture companies in Europe and elsewhere.'
Section 3 of this article considers global prices of grains, oilseeds, and fertiliser are rising, main consequence, how food companies will react and how wheat prices have sharply increased during last week.
Read the article in full here.