War in Ukraine shifting scales of global trade

The chief risk officer for Compeer Financial wonders how much the conflict in Ukraine might shift the scales of grain trade.

Bill Moore tells Brownfield Ukraine represents about 15 percent of global corn exports.

“While most of that is to Africa, the Middle East and China, we all know corn is a global commodity and like water, if you drain it in one place it will just flow and equalize. And we expect that will probably happen with grain markets this coming year.”

With Ukrainian production very much up in the air in 2022, he says the U.S.

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