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    WHEN PUTIN BECOMES A MAJOR MARKET INFLUENCER…

    20 Jan 2022
    Russian Defence Minister Alexander Fomin has announced «unplanned» exercises on Belarusian territory. This was enough to suddenly increase the risk premium to wheat markets. Prices reacted promptly with a €12 rebound. For now, prices are reacting to risk, not to facts. How would prices react to a real invasion? How should we react, in term of price risk management?

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