Hints and tips:
...alan.beattie@ft.com Sign up for Trade Secrets, the FT’s newsletter on globalisation...
...Ergo, India has offered round a fairly thin deal to trading partners that excludes access to its market for a lot of sensitive products including wheat, rice and sugar....
...Global wheat prices rose by 12 per cent last week, but are still not much more than half the levels of a year ago....
...Hector Llorente, who grows wheat as part of a co-operative in León, Spain, may have one solution....
...Alan Kartashkin, partner at the law firm Debevoise & Plimpton, said he was not “aware of any exit approvals issued by the government commission during the informal suspension between the middle of October...
...just a pain If, like me, you thought that Ukraine’s rapid accession to the EU was a bit unlikely, you’ll be feeling vindicated by current events, with Poland and Hungary blocking imports of Ukrainian wheat...
...alan.beattie@ft.com...
...Trading places: Brazil is turning to Beijing as Brussels places more obstacles on the Mercosur trade deal, writes Alan Beattie....
...While some raw materials, such as wheat, have returned to pre-invasion prices, Pitkethly said overall costs to Unilever had continued rising as hedging mechanisms ran out and several currencies weakened...
...As ever: thoughts, tips, insincere praise, finely-crafted insults, whatever you’ve got, send them along to alan.beattie@ft.com....
...As usual, if you have any thoughts on the newsletter, or trade more generally, I want to hear them at alan.beattie@ft.com....
...“Russia,” Raiffeisen’s former chief executive Herbert Stepic liked to say, “separates the wheat from the chaff”. Now, the situation is reversed....
...As ever, if you have any thoughts to share, I’m all ears and eyes on alan.beattie@ft.com....
...alan.beattie@ft.com Sign up to the Trade Secrets newsletter, published every Monday...
...And as ever, let me know what you’re thinking on alan.beattie@ft.com....
...Russia and Ukraine supply almost a third of the world’s wheat exports....
...Britain are also rising sharply, up 6.7 per cent, prompting Bank of England governor Andrew Bailey to apologise this week for being “apocalyptic” when discussing the impact of Ukraine, a big producer of wheat...
...Charted waters is on the impact of the Ukraine conflict on wheat prices in Arab nations....
...It excludes several big categories of agricultural products about which Indian farmers are highly defensive (sugar, dairy, wheat)....
...“I do hope we have learned something” from the previous global food crisis in 2007-2008, Okonjo-Iweala said, referring to a period in which problems were caused by droughts in key wheat and rice-producing...
...Economists Alan Blinder and Jeremy Rudd argue that stagflation in the 1970s was caused by energy and food price spikes. A food insecurity crisis should worry central bankers....
...Russia and Ukraine produce large amounts of the global supply of gas, oil, wheat, fertilisers and other materials, pushing energy and food prices higher, especially in Europe....
...Constructing supply chains to favour political allies however is not the best way to solve current problems, argues Alan Beattie in the Trade Secrets newsletter....
...John Gapper is the FT Weekend’s business columnist Data visualisation by Alan Smith Follow @ftweekend on Twitter to find out about our latest stories first...
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