Today our guest is Grain SA agricultural economist and marketer Ikageng Maluleke.
- According to an economist, Russia’s invasion of Ukraine will make bread in South Africa a lot more expensive.
- Between them, Russia and Ukraine control more than a quarter of the world's wheat exports, and Russia's invasion has caused a surge in the price of essential grains.
- The ripple effect is expected to start reflecting on retail shelves in South Africa in about three months.