Regional war, global consequences: Mounting damages to Ukraine’s agriculture and growing challenges for global food security

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Apr 6, 2022The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity | USDA Foreign Agricultural Service-1.9%
• Apr 6, 2022A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity-1.9%
• Nov 4, 2022Russia’s UN Grain Deal Boomerang: Implications for the Deal and Global Food Prices-0.9%
• Jul 17, 2023Russia-Ukraine grain deal: What does it mean for global food prices-8.6%
• Mar 11, 2022Overcoming the threats to global food systems from Russia's invasion of Ukraine | IFPRI+2.7%

After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Apr 6, 2022The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity | USDA Foreign Agricultural Service-2.3%
• Apr 6, 2022A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity-2.3%
• Nov 4, 2022Russia’s UN Grain Deal Boomerang: Implications for the Deal and Global Food Prices+7.3%
• Jul 17, 2023Russia-Ukraine grain deal: What does it mean for global food prices+2.4%
• Mar 11, 2022Overcoming the threats to global food systems from Russia's invasion of Ukraine | IFPRI-1.0%