# Insight: Global crop problems point to years of high food prices | Reuters

> Reuters reports that Russia's invasion of Ukraine, along with poor weather in China, India, South America and parts of Europe, has cut grain harvests. Fertilizer shortages are also reducing yields across many crops globally.

- Date: 2022-06-28 · published 2022-06-28T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40952-insight-global-crop-problems-point-to-years-of-high-food-prices-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Persistent supply shortfalls and input constraints suggest elevated grain and oilseed prices for feed costs for an extended period.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- UREA: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-21 | [Insight: Wheat prices soar on Ukraine fears, but U.S. growers can't cash in \| Reuters](https://feedsoft.ai/events/6240-insight-wheat-prices-soar-on-ukraine-fears-but-u-s-growers-can-t-cash-in-reuters.md) | +15.8% | +5.9% |
| WHEAT | 2022-02-23 | [Winter Wheat Prices Touch 9-Year High on Russia, Ukraine Fears - Bloomberg](https://feedsoft.ai/events/42748-winter-wheat-prices-touch-9-year-high-on-russia-ukraine-fears-bloomberg.md) | +6.4% | +26.3% |
| WHEAT | 2026-08-28 | [Corn and wheat prices jump to highest prices in more than three years](https://feedsoft.ai/events/12344-corn-and-wheat-prices-jump-to-highest-prices-in-more-than-three-years.md) | +3.3% | +6.8% |
| WHEAT | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +1.7% | +1.2% |
| WHEAT | 2022-02-24 | [Dollar jumps to near two-year high as Russia invades Ukraine \| Reuters](https://feedsoft.ai/events/6980-dollar-jumps-to-near-two-year-high-as-russia-invades-ukraine-reuters.md) | +6.8% | +25.3% |
| CORN | 2021-09-21 | [Food prices poised to surge with fertilizer at highest in years](https://feedsoft.ai/events/45024-food-prices-poised-to-surge-with-fertilizer-at-highest-in-years.md) | +1.8% | +1.7% |
| CORN | 2023-01-12 | [Corn prices to stay elevated as global supplies ‘remain tight’](https://feedsoft.ai/events/37801-corn-prices-to-stay-elevated-as-global-supplies-remain-tight.md) | +2.2% | +2.2% |
| CORN | 2022-02-23 | [Winter Wheat Prices Touch 9-Year High on Russia, Ukraine Fears - Bloomberg](https://feedsoft.ai/events/42748-winter-wheat-prices-touch-9-year-high-on-russia-ukraine-fears-bloomberg.md) | +7.5% | +12.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/war-wild-weather-global-crop-problems-point-years-high-food-prices-2022-06-28/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.