Canadian wheat emerges as key supply market amid global turmoil
Commodities Focus
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Is the Situation in Ukraine a Primary Driver for Global Wheat Markets?
The situation in ukraine is a primary driver for global wheat markets right now. A drop in expert potential would result in law availablities of cash flow for farmers, meaning that they will not be able to plant as much as they would like. The next marketn year, our expectations are about 12 million tons of drop in wheat production. While for corn, the drop wiuld be much more significant.
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