Across Ukraine’s farm belt, silos are bursting with 15 million tonnes of corn from last year’s autumn harvest, most of which should have been hitting world markets.
The stockpiles about half the corn Ukraine had been expected to export for the season have become increasingly difficult to get to buyers, providing a glimpse into the turmoil Russia’s war has wrought in the approximately US$120 billion global grains trade.
Gummed up by supply chain bottlenecks, skyrocketing freight rates and extreme weather events, markets are bracing for more upheavals as deliveries from Ukraine and Russia which together account for about
By Megan Durisin, Pratik Parija and Irina Anghel (Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. The stockpiles.
LONDON: Across Ukraine’s farm belt, silos are bursting with 15 million tonnes of corn from the autumn harvest, most of which should have been hitting world markets.
Russia s War in Ukraine Is Straining the World s Wheat Supply shippingherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shippingherald.com Daily Mail and Mail on Sunday newspapers.
By Megan Durisin, Pratik Parija and Irina Anghel (Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. The stockpiles.