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Black Sea Chaos Is Forcing Russian Farmers to Plant Less Wheat
Source: Bloomberg
Commodities & Raw MaterialsTrade Policy & Supply ChainGeopolitics & WarTransportation & Logistics
Some Russian farmers plan to reduce winter-wheat planting after exports through critical Black Sea ports remained stalled, causing a domestic supply glut. Lower planting could reduce Russia's 2027 wheat harvest, potentially tightening global supplies from the world's largest wheat exporter and supporting international grain prices.
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