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The Russian offensive into Ukraine has increased the supply risk for grain markets. Ukraine stopped activities in its ports after Russia launched a military operation. Russia has also suspended the movement of commercial ships in the Sea of Azov until further notice. Prices for grains rose amid concern that the conflict could hit exports from the Black Sea to world markets.

Widespread drought has forced Australia to make a rare purchase of Canadian grain – its first wheat...

“Our current Russian wheat production forecast is between 81 (“base conservative”) to 85.5 (“base o...