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Cereal numbers: the fall in food prices

The Intelligence from The Economist

The Price of Agricultural Produce Is Back to Pre War Levels

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There were worries that the supply of both russian and ucranian agricultural commodities would be heavily disrupted by the war. But what actually ended up happening was not really in line with tout expectation. Chicago wheat futures for delivery in december are nowa around eight dollars a bushel. Corn is back to the price it was at before the war began. A indanesia temporarily banned the export of palm oil.

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