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A Historic Disruption To The World's Wheat Supply
Odd Lots
Trade Diversion and Leakage - What's Going to Be the Big Question?
Economists call it trade diversion. Some of russia's wheat exports will now go to china, so that they can use that to feed their feed their animals and contribute to their diets. It takes time for these alternative channels and legalities to be worked out. So inevitably, you know, trade diversion and leakage can't offset the full effect of the sanctions.
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