Daily Memo: On Ukraine and Global Wheat Prices

Fighting in the Black Sea continues to disrupt the global food trade.

447

Spillover effect. Global wheat prices soared to their highest level in three years on Thursday over concerns of further escalation in the Russia-Ukraine war. The price of Chicago wheat increased 2.6 percent, reaching its highest level since July 2023. Over the past month, the price has jumped 18 percent. The spike comes amid reports that […]

This article is for subscribers only

Join thousands of readers who rely on GPF for clear-eyed geopolitical analysis.

$89 per year Save 18% vs. monthly
Full access to all daily analysis & forecasts
George Friedman's geopolitical insights
2026 Forecast & Special Collection on the Middle East
100% reader-supported
Subscribe Now

30-day money-back guarantee


Already a subscriber? Log in

Geopolitical Futures
Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.