Food inflation eases, but uncertain crops slow wider relief
Crop futures have retreated to pre-war levels, and the UN’s monthly measure of food prices sank the most since 2008.
Source: moneyweb.co.za
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Milk supply issues continue globally
Dairy Outlook: Analyst says milk production is faltering in Europe, Australia and New Zealand, resulting in record U.S. dairy exports.
Source: farmprogress.com
Wheat jumps as Putin says Kyiv isn't 'serious' about cease-fire
Wheat extended gains after Russian President Vladimir Putin said Tuesday that Ukraine wasn’t “serious” about finding a peaceful resolution to the ongoing conflict. Futures in Chicago rose as much as 5.5 percent to $11.565 a bushel in New York after Putin criticized Kyiv to European Council President Charles Michel. The…
Source: businessmirror.com.ph
Wheat jumps as Putin says Kyiv isn't 'serious' about cease-fire
The war is exacerbating fears of supply shortfalls as Russia’s invasion of Ukraine cuts off cargoes of the staple crop.
Source: moneyweb.co.za