As
we’re going back to the fundamentals of what the impact of the
geopolitical tension in Ukraine and Russia will have on the market, one
of the topics Andrew Baxter mentions in this week's MONEY AND INVESTING
show is the upcoming potential shortage of grains, specifically wheat.
As
Russia and Ukraine are some of the largest producers of wheat, the
trade sanctions towards Russia and the bombing of Ukraine during the
season when their farmers normally would be busy planting the wheat
crops, may lead to a global shortage of wheat. That will in turn drive
up the price of wheat which is an important grain.
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