Page 2 - Ben Buckner News Today

Brazils abundant corn crop could not have come at a better time for increased exports from the largest country in South America, as the worlds food supplies remain affected by disasters from war to drought, disrupting exports from other major commodity producers, Bloomberg reported.

Max Armstrong offers insight on the changing global dairy market.

While the outlook for global crops is improving from the tumultuous weeks after Russia’s attack on Ukraine, the threats of drought, flooding and blistering heat are keeping supplies tight and prices elevated. Crop futures have retreated to pre-war levels, and the UN’s monthly measure of food prices sank the most…

CHICAGO (BLOOMBERG) - While the outlook for global crops is improving from the tumultuous weeks after Russia's attack on Ukraine, the threats of drought, flooding and blistering heat are keeping supplies tight and prices elevated. Read more at straitstimes.com.

While the outlook for global crops is improving from the tumultuous weeks after Russia’s attack on Ukraine, the threats of drought, flooding and blistering heat are keeping supplies tight and prices elevated.

Crop futures have retreated to pre-war levels, and the UN’s monthly measure of food prices sank the most since 2008.

Dairy Outlook: Analyst says milk production is faltering in Europe, Australia and New Zealand, resulting in record U.S. dairy exports.

Wheat extended gains after Russian President Vladimir Putin said Tuesday that Ukraine wasn’t “serious” about finding a peaceful resolution to the ongoing conflict. Futures in Chicago rose as much as 5.5 percent to $11.565 a bushel in New York after Putin criticized Kyiv to European Council President Charles Michel. The…

The war is exacerbating fears of supply shortfalls as Russia’s invasion of Ukraine cuts off cargoes of the staple crop.