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A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
On July 31, 2019, the Eurasian Economic Commission (EEC) issued Decision No. 127, establishing tariff-rate quotas (TRQs) and respective volumes for imports of meat, poultry....