Stock Infographics
Food price to rise more ?
DonkeyStock
Publish date: Tue, 25 Jan 2022, 03:52 PM
The conflict between Russia and US is escalating on the Ukraine border. We don't think a war between two nuclear power is possible, maybe just a small scale firing conflict between Russian and Ukrainian troops.
Besides oil and natural gas, investors should also look at wheat. Ukraine is Europe's largest grain producer. If any logistics disruption happens in this region, the prices of wheat may rise even further and may impact the livinghood of top wheat importing countries, such as Egypt.
10 years ago, the surging food prices had lead to a wave of riot in North Africa, this time, the story seems like repeating.
Source: iSquare Intelligence
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