Middle East unrest pushes up grain prices

The global grain supply may be large enough to cover consumption, but if you can't get it to where the users are, you still have a problem. This realization dominated the market during the last trading session. Due to the attacks from Israel, the US, and Iran, it is not getting calmer in the Middle East. This has consequences for important shipping routes that are significant not only for the global grain trade but also for oil and, for example, fertilizers.