
Markets swung more than 1% on each of the four trading days in the holiday-shortened week of February 26, 2022, after Russia invaded Ukraine. Institutional algorithmic trading produced sharp intraday reversals, and all TSP funds posted negative performance rankings.
No allocation changes were made.
Geopolitical shocks are raising equity volatility, which can spill into commodity and currency markets and affect feed input costs. The text describes market behavior rather than a direct change in feed supply or demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.