Though a distant second for now to the humanitarian crisis brought on by the Russian invasion of Ukraine, the market volatility occurring along with it has many worried about how rising commodity prices will affect those outside of the region.As is well known, Ukraine is a powerhouse producer and exporter of some key agricultural products. The country is a market mover in the crops and countries in which it trades, so disruptions in the Ukrainian market are having ripple effects across the world. The growing global concern is that the prolonged absence of Ukrainian products on the global market will lead to additional suffering in the form of food price crises in countries not directly involved in the conflict. We dig in here.
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