Russian grain trains and the good weather wheat crisis

Favorable farm weather and a flurry of Russian grain shipments through the Black Sea have depressed global wheat prices, a welcome sign for vulnerable countries struggling with food costs. higher.

The mix of sunshine and rain in the US, Europe and Australia has raised hopes that late summer harvests will be plentiful. That will help balance out the large amount of Ukrainian wheat trapped in the country by the fighting and blockade of the Russian navy.

https://www.wsj.com/articles/shiploads-of-russian-grain-and-good-weather-temper-wheat-crisis-11656596088?mod=rss_markets_main Russian grain trains and the good weather wheat crisis

Luke Plunkett

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