📝Cumulative Effect📝

📝Cumulative Effect📝 takes its toll on grain exports Bloomberg, citing Ukraine's Ministry of Agriculture, reports a sharp revision of export forecasts: instead of the expected 64.4 million tons of agricultural products, the country will manage to export around 29.6 million tons — a 54% decline. Wheat exports will plummet by 53%, to 8.3 million tons. The reason is stated directly: strikes on the Odesa port, through which roughly 90% of grain shipments normally pass, while the alternative Danube…