3 ms·
If we use price as a proxy for wheat availability, let's not forget that wheat was trading for under $5 in 2019. It was up to $8 before the war began. Now, clos
by randomdata 5y ago
If we use price as a proxy for wheat availability, let's not forget that wheat was trading for under $5 in 2019. It was up to $8 before the war began. Now, close to $10. Which means that the war has made wheat 25% harder to come by, so to speak, when compared to before the war, but the pandemic and all that's related to that had already made it 60% harder to come by. The war effects would have been less noticeable if we weren't already pushing the limits.