Global Economy
Russia’s Blizzard of the Century Is a Blessing for Wheat Fields
It’s been almost a week since the USDA released its January crop production and World Agricultural Supply and Demand Estimates (WASDE) reports, showing a big corn crop became bigger and record-setting at 176.6 bushels per acre.
“There are still more questions than answers, but we did get a vessel out the door,” says Dan Basse, president of AgResource Company.
Food is essential to sustaining life and will ultimately be the key to rebuilding Ukraine’s future.
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Brazil’s second corn crop, also known as the safrinha, is expected to produce a record 3.465 million bushels in the 2021/22 crop season. That’s 45% higher than last year.
Information arrives every day in our lives as a mashup of seemingly unconnected ideas, facts and guesses.
When farmers or ranchers in the U.S. face tragedy others in the industry are quick to help. That same mentality, of farmers helping farmers, has reached Ukraine as support rolls in from across the globe.
“Right now, Ukraine’s grain silos are full,” says David Beasley, executive director of the World Food Programme. “At the same time, 44 million people around the world are marching towards starvation.”