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Russia, Ukraine, and Russia's Food Supply Issues
Russia and Ukraine account for a third of all wheat exports, a fifth of all corn exports. The UN is predicting 20 to 30% of the Ukraine's wheat will go completely unharvested in the 2022/23 season. That means that feed prices are going to increase up to 22%. So what do we have? We have wheat prices increasing. We have a shortage. Then we have feed prices increasing, which will affect everything else that needs to be fed.