Recent geopolitical events have resulted in escalating commodity prices and supply chain instability. In response to the volatility of the global commodity market, ArrowStream’s Director of Commodities, Jerry Dalton, and Sr. Director of Product, Matt Heckroth, joined Ashley Berland, Vice President of Supply Chain at Restaurant Growth Services, and Adam Shrif, Vice President of Procurement at GA Goods, to discuss the context of the rising prices and difficulties with distribution, as well as forecasting solutions to the challenges.
Key Takeaways From ArrowStream’s Impact of Global Politics Webinar
Topics: Supply Chain Disruption, Food Supply Chain, Commodity Intelligence, Restaurant Chain Operators
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Commodity Market Disruption Amid Russian-Ukrainian War
Russia’s invasion of Ukraine on February 24th has produced dramatic repercussions throughout the global commodity market as both countries are principal exporters of several major commodities. The conflict has disrupted regional commercial activity and international sanctions on Russia from the US, UK, EU, and Canada have obstructed the trade of multiple major Russian exports.