• Russia's wheat harvest could hit a record 100 million tons this year, but a perfect storm of economic conditions is keeping it from being exported

    3 days ago - By Business Insider

    Ukraine exported more than $140 million of wheat to the US before the pandemic, with latest disruptions adding to price woes. AP
    Russia's wheat harvest could hit a record 100 million tons this year, according to SovEcon.
    But much of it could end up piling up in Russia instead of getting exported.
    Russian food exports are not sanctioned but many firms are cautious about trading with the country.
    Russia could see a bumper wheat harvest this year - but that may not translate into abundant exports to combat the world's food crisis. The country's wheat harvest could hit a record 100 million...
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