Will and Ben are joined this week by James Bolesworth, Managing Director at CRM Agri-Commodities and Mike Bray, Partner at Kite to discuss the initial impact of the war in Ukraine on commodity markets and the implications this may have on farm feeding strategies. James explains how the markets have reacted to the initial shock and the exacerbating factors such as low stock levels on key commodities and shipping restrictions in the Black Sea. Mike describes the impact and sentiment he is seeing on farm and they discuss what to expect in the coming weeks and months if the conflict continues longer term, including potential disruption to planting and yields. Chris is on his holiday so there is no milk market report this week. Please note: The information provided during this podcast has been

prepared for general informational purposes only and does not constitute

advice. The information must not be relied upon for any purpose and no

representation or warranty is given as to its accuracy, completeness or

otherwise. Any reference to other organisations, businesses or products

during the podcast are not endorsements or recommendations of Dairy

Consulting Ltd or its affiliated companies. The views of the presenter

are personal and may not be the views of Dairy Consulting Ltd. The

contents of this podcast are the copyright of Dairy Consulting Ltd.