Supply Chain Blues: An Update on the Global Wheat Market
As the Russian invasion of Ukraine continues, one thing is clear… the global supply chain as we know it is crumbling. Russia and Ukraine are among the largest global producers of wheat, threatening countries around the globe with severe near term shortages as a result of sanctions and port blockades.
Following market prices for wheat only captures one small portion of the unfolding drama. Market prices have a cap that manages the rise in global price per bushel,
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