I ought have added that having to use rail, barges or road further to export Ukrainian grain instead of Black Sea ports must logically push up costs for Ukrainian graingrower handlers.
In theory, this makes Australia's exportable surplus more price competitive. But again, I am no expert. Perhaps Portsmouth or others with direct exposure and knowledge of export markets could have their say?
GNC Price at posting:
$8.08 Sentiment: Hold Disclosure: Held
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