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.
The worst predictions for costs have not come to pass, partly because Russia is selling plenty of wheat. But plenty of food-price woe may still await. We examine the curious re-appearance of the polio virus in the West. And the trials of “Pink Sauce” reveal the perils of being a cottage-food producer—or consumer—in the social-media age.
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