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You're reading: Livetradingnews.com: Ukraine drought may affect global grain price

Alona Liashenko writes: “As the world’s 2 leading grain exporters, the United States and Russia both faced droughts which have driven Wheat and Corn prices to a record high since Y 2008, rising grain costs have become an escalating global concern. In Ukraine, a key grain exporter in the Black Sea region, a heat wave has forced experts to cut this year’s grain harvest estimates, which, in turn, may affect global grain price.”

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