In Better Shape: Global supply and demand closer to normal now that Ukraine is shipping grain again

The world’s grain markets are responding to Ukraine’s first shipment out of the country since Russia’s war began.

The USDA outlook board chairman says that with goods finally leaving the wartorn country, the global supply situation might be in better shape. Later this week, the agency will release a new forecast for Ukrainian production and exports. They say that these forecasts could be much different than last month.

According to Mark Jekanowski, “It’s an important step to maybe getting the global supply and demand balance a little more close to normal and maybe improving the overall food security outlook.”

Related:

News From Ukraine: Back and forth with Russia after grain deal

Storage Shoplift: Ukraine says Russia is stealing grain

First ship carrying grain finally leaves Ukraine

Secretary of State says Ukraine’s grain shipments are a small first step






LATEST STORIES BY THIS AUTHOR:
We caught up with country music star Ian Munsick and Mo Brings Plenty during the 2023 NFR about his new documentary.
RFD-TV’s own Marlin Bohling proved he is more than “just Ken” with his yummy “BarBieQuacamole Taco Burgers.” Get the recipe here — it’s a 10!
Darin and Kevin Blue are on the other side of the camera for this exclusive interview!