Russia's Lavrov Tells UN Chief Guterres: Russia Ready To Get Back To Grain Deal If Its Conditions Are Met
Portfolio Pulse from Happy Mohamed
Russia's Foreign Minister, Lavrov, has informed UN Chief Guterres that Russia is prepared to return to a grain deal if its conditions are met. This could potentially impact the prices of grain-related ETFs.
August 24, 2023 | 4:07 pm
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NEUTRAL IMPACT
The potential return of Russia to the grain deal could impact the price of the CORN ETF.
Russia's return to the grain deal could potentially increase the supply of grain in the market, which could impact the price of the CORN ETF. However, the impact is uncertain as it depends on the conditions set by Russia.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The potential return of Russia to the grain deal could impact the price of the SOYB ETF.
Russia's return to the grain deal could potentially increase the supply of grain in the market, which could impact the price of the SOYB ETF. However, the impact is uncertain as it depends on the conditions set by Russia.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The potential return of Russia to the grain deal could impact the price of the WEAT ETF.
Russia's return to the grain deal could potentially increase the supply of grain in the market, which could impact the price of the WEAT ETF. However, the impact is uncertain as it depends on the conditions set by Russia.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70