Ukraine Grain Deal Collapses, Heightening Food Supply Fears https://www.bloomberg.com/news/articles/2023-07-17/ukraine-grain-deal-collapses-as-russia-refuses-to-extend-itAnother accusation of Russia for rising prices.
Let's compare the price of wheat to the price of coffee:
where you can see that the price of wheat jumps with a time lag following the price of coffee.
These price spikes are due to speculative pumping of commodity markets.
https://tradingeconomics.com/commodity/coffee#
blameRussia #
bloomberg #
western #
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wheat #
coffee #
prices #
economy #
economics #
speculations #
market #
bubble