Ag Russia & CIS
TOPIC(S): Agriculture Global, Ag Russia & CIS,
TOPIC(S): Ag Russia & CIS, Government / Policies,
TOPIC(S): Commodities, Poultry, Ag Russia & CIS,
TOPIC(S): Ag Russia & CIS, Carbon Farming,
TOPIC(S): Ag Russia & CIS, Carbon Farming,
TOPIC(S): Ag Russia & CIS, World Hunger,
TOPIC(S): Wheat, Ag Russia & CIS, Trending News,

06/09/2023 SOURCE: apnews.com

Wheat prices jump following collapse of major dam in southern Ukraine

The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher. The destruction has renewed market fears about the fragility of the country’s ability to ship food to Africa, the Middle East and parts of Asia as it fights a war with Russia. Wheat prices gained 2.4% early Tuesday on the Chicago Mercantile Exchange, to $6.39 a bushel. Prices were higher earlier in the day, but declined somewhat in the hours following. The destruction of the dam has raised concerns about disruption to Ukraine’s affordable grain supplies getting to developing nations where people are struggling with hunger and high food prices.

Read More

TOPIC(S): Agriculture Global, Sustainability, Ag Russia & CIS, Ag Europe, Food Security/Shortage,
John LaRose Jr. John LaRose Jr.
shared this article 2 years ago
Topics: Commodities, Agriculture Global, Ag Russia & CIS, Commodity/Trade Groups,
TOPIC(S): Agriculture Global, Ag Russia & CIS, Ag Africa,

Advertisement

At Quality Farm Supply, we strive to be “The Go-To Source for the Get-Go Farmer.” Whether you need parts for production agriculture, farm supplies, or tractor parts, our huge selection of over 30,000 SKUs includes all manner of tractor parts, combine parts, cotton harvesting parts, disc harrow blades and parts, planter parts, tillage parts, bearings, hydraulics and much more.