
Wheat and corn prices could jump if Russia invades Ukraine
CNN
Concerns about an imminent Russian invasion of Ukraine are roiling the market for agricultural products like wheat at a time when global food prices are already near 10-year highs.
Russia is the world's top exporter of wheat. Ukraine is also a significant exporter of both wheat and corn. That's sending prices for grains on a bumpy ride as investors assess the potential for conflict.
"There's certainly volatility based on what is going on," said Peter Meyer, head of grain analytics at S&P Global Platts.
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