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What's the Biggest Deal in the Global Grain Market?
The ukrane has planted about 59 million acres of their top six crops, wheat, sunflow, soy beans, corn, barley and what they call rapeseed. That's almost exactly equal to the total planted area of crops in illinois and iowa. Imagine that now there, they're not as productive. There is about four billion bushels of production that potentially, if it doesn't get planted, or the vast majority doesn’t get planted,. The question is, ah, how much of it will be available to the world markets? Russia is the world's largesta exporter of wheat. It would take four million kansaes to replace what was lost