Ukraine Proving Their Resiliance

The ongoing war between Russia and Ukraine continues to raise questions about potential market impacts. Crossroads Co-Op Regional Manager, Brian Irey-

“We continue to see Russia occasionally try to take out grain facilities in Ukraine, as we've mentioned numerous times. But Ukraine just has remained incredibly resilient in terms of either rebuilding or finding alternative methods to get grain out of the country. It's, I think they're struggling a bit on exports. Part of that has to do with they're a lot like us seasonally in terms of harvests and supplies. And they're, they're, you know, headed into their next wheat harvest here about the same time that we are, their supplies are lower and their exports are lighter right at this particular moment. So Russia is striking those ports probably has less of an impact, as if, you know, if they were doing it in January or February.”

Irey says Ukraine continues to create issues by targeting petroleum related facilities within Russia's borders.

“So, it's kind of been one of those back and forth sort of things, but we haven't noticed any material impacts to the flow of grains here over the course of the last 30 to 45 days- Anyway.”

Once again, Brian Irey, Crossroads Co-op, regional manager. With This Line on Agriculture report, I'm Lorrie Boyer for the Ag Information Network.