Ukraine and Russia make 28% of the world's wheat. Global food markets face high prices and painful disruptions.
The Russian invasion of Ukraine is playing havoc with world energy prices, but the ripple effects on markets don’t end there. Commodities like wheat, corn, and fertilizer are also being impacted. In the global food markets, prices are rising and countries are preparing for supply chain disruptions that could have significant effects.
The Week in Philly from KYW Newsradio
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Show Notes
The Russian invasion of Ukraine is playing havoc with world energy prices, but the ripple effects on markets don’t end there. Commodities like wheat, corn, and fertilizer are also being impacted. In the global food markets, prices are rising and countries are preparing for supply chain disruptions that could have significant effects. John Urbanchuk, assistant professor in the Department of Agribusiness at Delaware Valley University is on the podcast to talk about the agriculture disruptions caused by Russia's invasion of Ukraine.
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