How world averted a grain shortage, despite Ukraine war
The world’s food exporters are producing enough grain to avoid the shortages predicted last year with the outbreak of war between major farming nations Russia and Ukraine.
That’s welcome news to consumers globally at a time of high inflation, including for food prices.
Global supply and demand for corn and soybeans are in balance, by and large. In place of last year’s panic over rising prices, global wheat prices are falling.
“So far, things have worked
