179 days ago • Posted by Charles-Henry Monchau

Food Inflation Around The Corner? Russia is set to impose 30% Tariffs on Soybean Exports

Interfax reports that Russia is looking to put a 30% tariff on soybeans as Putin wants to curb food inflation. It could very well be that Russia is attempting to preempt any potential domestic complaints. As a reminder, Arab spring began with the people complaining not being able to feed themselves - source: www.zerohedge.com  

Soybeans futures price