Why are the prices of agricultural products and especially cereals increasing? (Agrocapital) 

Agrocapital (Greece) published remarks made by senior research fellow Joseph Glauber. Glauber stated that as shortage concerns emerge, countries are trying to limit exports to ensure domestic availability and price controls. “Before the invasion, I would say that prices are really high and will probably relax until the harvest in the fall and after 2023, we will see a further weakening of prices,” Glauber said. “Now, I think they will fall next year, but depending on how it goes this year, prices may remain very high this year and then start to fall, but at a higher level than they were before the crisis.” He said,   “I keep telling people, we are not going to run out of wheat. I think there is plenty of wheat to be consumed all over the world, but it will be consumed at a very high price,” Glauber said, adding that the same could be extended. in corn and soy. “This is such a bad situation as I have seen for about 40-45 years watching the agricultural markets.” Glauber pointed out that all this could change tomorrow if there were no hostilities, but it would be even more difficult if, in an extreme scenario, Ukraine is not able to plant at all. I think at the moment, one of the actions that governments can take is to suspend mandates and subsidies for blending biofuels for things like the production of biodiesel oils to ease agricultural prices.”