Brad Olsen
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oil prices are going to increase the cost of transporting a number of goods.
Increasingly though, you know, Russia and Ukraine to a point are also big suppliers of some farm inputs, the likes of wheat, but also the likes of urea and fertiliser.
So I'd expect to see food prices take a further upwards tick as we move forward because, you know, there is a lot coming out of the Eastern European theatre that will start to affect other countries.
Now it won't be direct
But we are very much seeing that shift.
The wider ramifications for the financial sector as well, I think, you know, is going to see changes in the exchange rate.
Everyone's flocking towards those safe haven assets.
So there is some big moves afoot and possibly much more permanent moves afoot if invasions and war seem to be a little bit more of the new normal.