Europe’s ongoing drought is having a serious impact on food production at a time when there is already a food crisis and energy costs are soaring due to Russia’s invasion of Ukraine. In this installment of the ‘Commodity in Focus’ webinar series, our experts discuss the impact of the drought on gas and food prices.
During the webinar, we explore:
– The energy crisis: an overview plus the natural gas outlook and expected impact on key categories
– The drought crisis: an overview plus the outlook for corn, sunflower oil, milk and its derivatives
Host: Sidharth Kalia
Commodities experts: Nishita Sharma and Kumar Amit
Date of recording: 19th October 2022
Sidharth Kalia, Nishita Sharma and Kumar Amit
Sidharth leads our procurement and supply chain enterprise sales for the European consumer packaged goods sector. In his nine years at The Smart Cube, he has worked with functional excellence teams in driving cost reduction, strengthening commodity price control, enabling more intelligence-led sourcing, and supporting high-value transformation projects. He loves researching food innovation and sustainability, and is an avid culinary experimenter.
Nishita works as an Associate Specialist in the commodity intelligence team at The Smart Cube. With more than 5 years of experience, she has been tracking/forecasting the crude oil and resin market movements and providing actionable insights to clients across multiple sectors. With a master’s degree in Economics, Nishita’s in-depth understanding of the macroeconomic fundamentals as well as the supply-demand dynamics, helps her in keeping a close tab on the recent developments in commodities market.
Over the last 10 years, Kumar Amit has worked extensively in the commodity domain, focusing on research and analysis, price consulting and risk management. He is responsible for managing project-specific research approaches aligned to clients’ objectives, and identifying opportunities to provide added value to manufacturing and industrial clients. He has also contributed commodity insights to magazines including My Purchasing Center and Procurement Leaders.