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Prices for most agricultural commodities (and inputs) have increased to record levels due to the trio of tight supply, stretched supply chains & the war in Ukraine. But are we really in unprecedented times? We’ve seen prices shoot up for commodities before, like during the GFC of 2008, but this time round, while some things are the same, there’s certainly a lot more factors at play & uncertainty in the global economic outlook. To help us untangle the current volatility in the market, we’ve got our regular guest Michael Whitehead, head of agri-insights ANZ on to talk with Rob Herrmann.
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Prices for most agricultural commodities (and inputs) have increased to record levels due to the trio of tight supply, stretched supply chains & the war in Ukraine. But are we really in unprecedented times? We’ve seen prices shoot up for commodities before, like during the GFC of 2008, but this time round, while some things are the same, there’s certainly a lot more factors at play & uncertainty in the global economic outlook. To help us untangle the current volatility in the market, we’ve got our regular guest Michael Whitehead, head of agri-insights ANZ on to talk with Rob Herrmann.
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