In the past several years, the agricultural market has been subject to escalating uncertainty, catalyzed by a triad of disruptive forces, including a global pandemic, the geopolitical uncertainty exemplified by the ongoing war in Ukraine, and unpredictable climatic events leading to droughts and diminished yields.
These factors have injected volatility into the market, causing prices to move unpredictably due to periods of shortages and excess supply.
Despite the volatility, however, prices remain on a long-term upward trajectory.
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