Why Wheat Price Soars

Agricultural land area in Ukraine

Figure 1 Agricultural land and arable land in Ukraine. Source: Nieuwsbericht [2]

Agricultural production and benefits in Ukraine

Figure 2 Wheat production in Ukraine (five-year average production 2016–2020). Source: USDA [3]
Figure 3 Estimated yields of wheat, rice, maize, and beans for Australia, the United States, the world, Canada, Ukraine, and New Zealand in 2030. Source: OECD [4]

Grain price soaring

Figure 4 International wheat prices Apr 1, 2021 — Mar 31, 2022. Source: Trading Economics

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ecyY

ecyY — easy to understand why, easy to study why. Finding the truths scientifically is the theme.