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UP TO DATE ANALYSIS ON UKRAINE INVASION'S IMPACT ON AGRICULTURE
Feb. 25, 2022
by the Farm Journal editors
The financial and commodity markets reacted strongly to word that Russian President Vladimir Putin had launched military action in Ukraine.
Clinton Griffiths, AgDay Host and Farm Journal Editor, visits with Joe Vaclavik, owner of Standard Grain, and Dan Basse, president of AgResource Company, to dive into how these global events will impact the agricultural markets and more.
"The markets are clearly reacting to what is a full-scale invasion of Ukraine by Russia," Vaclavik says. "There are a lot of implications, the first and immediate on is any sort of disruption of grain flow out of the Black Sea region."
The other price categories that could be impacted, he says, are fertilizer and fuel.
"Higher grain prices are great, but lives are going to be lost. War is terrible," Vaclavik says.
To view the entire report click here.
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