What will be interesting to watch is how it affects food prices in countries that didn’t import grain from Ukraine in the first place (like the US). I’m guessing there will still be a significant effect.
Just like the last time there was a forced blockade of grain exports from Ukraine, worldwide wheat supplies were re-routed to underserved markets, making everyones’ bread and wheat products worldwide spike in price.
What will be interesting to watch is how it affects food prices in countries that didn’t import grain from Ukraine in the first place (like the US). I’m guessing there will still be a significant effect.
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77ct without a reference of how much it was before isn’t saying much
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Just like the last time there was a forced blockade of grain exports from Ukraine, worldwide wheat supplies were re-routed to underserved markets, making everyones’ bread and wheat products worldwide spike in price.