How The Russia & Ukraine War Is Impacting Food Supply & Prices
b'"We are tracking a number of factors across the agriculture industry given the current geopolitical and inflationary environment. Our net takeaway is that these factors combine to lengthen the equipment cycle. And while we see commodities prices elevated on the uncertainty of the war in Ukraine, we see fundamental drivers for multiple years of sustained favorable agricultural commodities prices," says Oppenheimer\'s Kristen Owen. Oppenheimer has an outperform rating on AGCO and De and a perform rating on CINHI. Lee Bohl says that many traders are watching the Vaneck Agribusiness ETF (MOO), which is up 20% year-over-year. He also states that China could pull back on imports and global trade tensions could escalate.'