2min chapter

Animal Spirits Podcast cover image

Talk Your Book: The Craziest Commodities Market Ever

Animal Spirits Podcast

CHAPTER

The World Wheat Market Is Getting Worse

Oi got, based on those exports, which countries are hurt the worst from that? Potentially being disrupted big time. Ok, so the country's closest to them the smaller countries in north africa, in the middle east are the biggest buyers of ukrane wheat. And russian wheat goes all over the world. It all comes out of the black sea. You've got it disrupted. Here's the interesting part, the wheat has already been harvested. It's winter, ok? So the wheat that we've lost now, it's still there. It's sitting its storage. The balance sheet is shrink can you talk about the dynamics of this market and how this works with

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