Over the weekend, Russian forces hit a grain terminal in a city in southern Ukraine. But a market analyst says the continued fighting in the Black Sea region isn’t changing what the grain markets already know about Ukrainian crop production.
“Nothing is going to be shipped out of Ukraine, at least through the Black Sea,” says Tim Marsh with Summit Commodities.
Marsh says while there have been concerns about Ukraine’s ability to ship grain, the dire warnings of Ukrainian production and exports declining greatly due to the war is overblown.
Resiliency expected as war continues in Black Sea region
