Miller Magazine Issue 146 February 2022

93 MARKET ANALYSIS MILLER / FEBRUARY 2022 “We are too distracted to discuss one huge piece of news. But we must not forget that there are other factors that affect the price. And although prices fundamentally depend on the balance of supply and demand, but given that the world is tired of quarantine, weather disasters and conflicts, we are increas- ingly reacting to any news, making the market more and more volatile.” Two years ago, it seemed impossible to break the Covid record for being mentioned in the press. But today people all over the planet are talking about only one thing - whether there will be a war. Even Churchill said that Britain need to shake hands with Russia as far east as possible. Well, it is impossible to find the eastern east than Ukraine. Russia and Ukraine provide almost a third of the world's wheat export potential. At the same time, Rus- sia exports about half of its production, because do- mestic consumption is very high. Food inflation does not make the government more successful in the eyes of the population. This season Ukrainian record crop TO SHAKE A HAND AS EASTER AS POSSIBLE Elena Faige Neroba Business Development Manager Maxigrain