An ag economist says questionable Ukrainian grain quality could continue to stall the country’s exports.
The University of Missouri’s Ben Brown points to Lebanon’s recent denial of a Ukrainian corn shipment after five months of the grain sitting in poor conditions.
“The fact that the shipment was denied just ramped up those concerns that, ‘hey, this is maybe not very good quality’,” Brown said. “If you’re an importer and you’re willing to take a risk on that, you could probably get it at a pretty steep discount.”
And he tells Brownfield if more shipments are canceled, new problems will arise.