Bakers Journal

Russia and Ukraine responsible for almost one-third of world’s wheat exports: Conference Board of Canada

March 1, 2022
By The Conference Board of Canada

The shock of Russia’s invasion of Ukraine has upended conditions far and wide, writes the Conference Board of Canada in a look at the after effects of the invasion. “Russia and Ukraine are responsible for almost one-third of the world’s wheat exports, one-sixth of worldwide corn and a whopping three-quarters of total sunflower oil supplies. Prices are up substantially, and with uncertainty over how much can get planted in either country this spring, Canadian producers will likely see solid demand for grains and oilseeds.” | READ MORE

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