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Competition threat, recession fears weighing on crop markets

A leading ag economist says grain production in the Black Sea region and general fears of recession could start weighing on crop markets.

The University of Missouri’s Pat Westhoff tells Brownfield Russia has produced a ‘huge’ wheat crop this year, while Ukrainian grain availability remains a question mark.

“What happens internationally with demand around the world an competing supplies, with countries like Ukraine, is going to be incredibly important going forward,” he said.

Competition threat, recession fears weighing on crop markets

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