4 ms·

I'm more concerned about Ukraine's wheat exports, personally. Likely to become a critical issue much more quickly than neon gas.

• hnthrowaway0315 5y ago
  Agreed. It exports a large amount of wheat.
• baq 5y ago
  and corn. ZC=F today was crazy.
  • cwkoss 5y ago
    What does ZC=F mean?
    • yellow_postit 5y ago
      Corn Futures ticker https://cropwatch.unl.edu/2021/grain-marketing-lingo-—-trading-codes https://cropwatch.unl.edu/2021/grain-marketing-lingo-—-tradi...
  • nacs 5y ago
    Corn is less of an issue -- US has a massive surplus of corn.
• contingencies 5y ago
  Well given the UN FAO already reported massive world food price growth driven by agricultural commodities, and the US, UK, Europe and China have all reported massive food price growth, this isn't going to help. The winners will be the large-scale agricultural commodities trading houses such as Cargill. They see this stuff coming and hedge appropriately before it happens.
  • eru 5y ago
    If they hedge before it happens, they don't benefit from the rise: the hedging locks in the prices.
  • jcadam 5y ago
    Also hearing about shortages (and huge price increases) in fertilizer.