It May Be More Profitable for EU Countries to Buy Corn From the United States than From Ukraine, Writes Politico
4 Articles
4 Articles
The European countries are forced to buy maize in the United States instead of Ukraine to provide livestock, causing problems in the export of Ukrainian products, wrote Politico. The suspension of Ukrainian agricultural exports through the ports of Odessa forces European buyers to shift to the United States market, transfers RBC with reference to Politico. Drought in Western and Central Europe has led to a shortage of maize to feed livestock and…
It may be more profitable for EU countries to buy corn from the United States than from Ukraine, writes Politico
It may be more profitable for EU countries to buy corn from the United States than from Ukraine, writes Politico.Europe is in dire need of corn because of the drought that is destroying the crop. Previously, Ukraine supplied about half...
Because of the drought, Europe urgently needed millions of tons of corn, and Ukraine has it, but it is not possible to deliver it to Europe in such quantities, wrote Politico, and Russia has blocked Kieva's cheapest marketing route, thereby creating incredible opportunities for American farmers.
The drought forces the EU to look for millions of additional tonnes of maize, but Russia's attacks block Ukraine's main export route. Paradoxically, American cereals can get easier in Europe, and US farmers could win huge contracts on the old continent. Europe urgently needs millions of additional tonnes of maize, and Ukraine, [...]
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