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Market · January 20, 2026

Geopolitics is back on the pricing radar

Political risk is market risk: why trade policy uncertainty reaches peanuts through FX, freight and demand.

Recent political developments and trade policy uncertainty are increasing volatility across global markets.

Even without immediate policy changes, expectations alone can move prices, affecting trade flows, freight costs, risk premiums and contract negotiations.

Agricultural commodities like peanuts may not be directly targeted, but they remain exposed through currency movements, logistics and shifts in global demand.

The message is clear: political risk is market risk. How are you factoring geopolitical uncertainty into your commodity strategy?

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