Money Talks: Grain damage
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 16 March 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
Russia's invasion of Ukraine is creating one of the worst disruptions to the supply of wheat since the first world war. As prices spike, the damage from this shock will ripple right across the world—affecting corn, vegetable oil, fertilisers and many other agricultural products. Can other countries fill the shortfall and who will be worst affected? Henry Tricks, our Schumpeter columnist, asks The Economist's Matthieu Favas and Charlotte Howard how serious a food crisis the world is facing.
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Transcript
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| 1:12.3 | Russia and Ukraine are respectively the largest and fifth-largest exporters of wheat. |
| 1:18.8 | But Russia's invasion of Ukraine is leading to one of the worst disruptions to wheat supply |
| 1:24.2 | since the First World War. |
| 1:34.5 | This is Money Talks from the economist, our weekly podcast on the markets, the economy |
| 1:40.1 | and the world of business. |
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