Analysis

Ukraine/Russian tensions cause market volatility

By Malcolm Bartholomaeus
January 29 2022 - 10:00am
Ukraine/Russian tensions cause market volatility
Ukraine/Russian tensions cause market volatility

Global wheat prices rallied sharply last week on the back of tensions between Ukraine and Russia. However, the gains need to be kept in context. So far nearby futures have remained under 800 US cents a bushel, and well down from the peaks seen in December and November.

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