A gent from Grain Brokers Australia writes on the often...

A gent from Grain Brokers Australia writes on the often interesting 'Grain Central' site:

"...Grain prices have certainly spiked in response to the mounting Black Sea supply issue but major grain importers in the Middle East and North Africa have reacted calmly to the end of the safe shipping corridor. Ukraine grain exports appear limited to existing land routes, Danube River ports and European Union Black Sea ports for the foreseeable future, all of which are slower and far more expensive. And Russian stocks may be plentiful, but its own Black Sea grain flows will likely be challenged in the coming months while an acceptable way forward is negotiated..."

Who knows whether this is a one-week wonder or a medium or even longer term situation?

The Ukraine-Russia war doesn't show signs of soon ceasing. We're thousands of kilometres away and reliant on media, many of whom are not based in those two nations and who may not themselves comprehend those languages. There's always wartime propanganda.

DYOR seems sensible.