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REPORTER: Two Years In: Russia-Ukraine War’s Impact on the Agricultural Marketplace
This article was originally featured in the WINTER 2024 Edition of Urner Barry’s Reporter magazine.
On February 24, 2022, Russia launched a full-scale invasion of Ukraine, resulting in far-reaching ramifications to human life and for the global marketplace.
Both Russia and Ukraine are among the world’s most significant producers and exporters of agricultural goods. The two countries play a critical role in supplying the global market with critical commodities like fertilizer, grains, and oilseeds.
Prior to the invasion, global food...
Where Are Commodities Prices Headed?
Individuals investing in commodities haven't had a smooth ride over the past few years.
U.S. crude-oil futures briefly turned negative during the height of the pandemic in 2020 before rebounding to more than $82 a barrel recently. World food prices reached their highest level on record last year, in part as the Russia-Ukraine war spooked markets, but have fallen back more recently. And commodities from lumber to copper rode high and then fell, as global inflationary pressures and recession concerns drove trading.
So what happens next...
FEATURED STORIES
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HPAI H5N1 Virus in Dairy Cattle – What We Know
ANALYSIS: US Boneless Beef Imports from Australia Soar, Domestic and Import 90s Gap Grows
ANALYSIS: U.S. Egg Prices Surge to Record October Highs on Retail Strength, Bird Flu Cases
ANALYSIS: Pork 42% Trim Outpaces Beef 50% Trim