Weekly Commentary: Hurricane Peerless
The week arguably offered some clarity on key facets of today's murky financial, economic and policy backdrops.
Source: seekingalpha.com
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Scholz, Macron Urge Russia to Unblock Ukraine Grain- Turkey and Russia to Talk on June 8th, While Land Export Efforts Increase • Farm Policy News
Financial Times writers Polina Ivanova, Leila Abboud and Max Seddon reported late last week that, "European leaders have stepped up diplomatic efforts to loosen Russia’s hold on Ukraine’s grain supplies as Kyiv’s prospects in the eastern Donbas region worsen and the risk of a global food crisis mounts."
Source: illinois.edu
Weekly Commentary: Collision Course
Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.
Source: seekingalpha.com
Ukraine Increases Planting Forecast, as EU Farmers Face Headwinds: "The Crisis is Now" • Farm Policy News
Reuters writer Pavel Polityuk reported yesterday that, "Ukraine's agriculture ministry on Saturday revised up its forecast for the area to be sown to 2022 spring crops, giving no reason for the new outlook."
Source: illinois.edu
"Global Food Crisis" Possible- - "No Precedent Even Close to This Since World War II" • Farm Policy News
Writing on the front page of today's New York Times, Jack Nicas reported that, "The war in Ukraine has delivered a shock to global energy markets. Now the planet is facing a deeper crisis: a shortage of food."
Source: illinois.edu