Нестабильность в мире может влиять на поставки зерна и масличных культур три года

Published 2022년 8월 4일

Tridge summary

The article highlights the concerns of Kenneth Scott Zuckerberg, a senior economist at CoBank, who warns that global agricultural markets are likely to experience volatility until 2023 due to a combination of factors. These include adverse weather conditions, the ongoing geopolitical conflict between Russia and Ukraine, instability in Ukraine's grain supplies, increased energy costs affecting fertilizer production, and logistical challenges exacerbated by the pandemic. Additionally, the article touches on the potential impact of La Niña and weather conditions on crop yields. Despite these challenges, Zuckerberg believes that farmers could still achieve modest profits due to above-average crop prices, as long as the US agricultural credit cycle holds. However, high borrowing costs, inflation, and potential demand slowdown could negatively affect agriculture. These issues, along with supply chain disruptions, are expected to persist through the end of 2022 and into 2023.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farmers and consumers around the world may have to contend with market volatility until 2023 as risks of higher prices for agricultural commodities and inputs looming, Kenneth Scott Zuckerberg, lead analyst and senior economist at CoBank's knowledge sharing team, said in an interview with S&P Global Commodities Insights . Prices for major grains such as corn, soybeans and wheat are trading higher than usual as a combination of adverse events such as weather problems, the Russian-Ukrainian conflict, and logistical problems reduce crop supplies. Unstable supplies of grains and oilseeds may continue for three or more years. "2023 is a year where we have a lot of stars, you know, signs that things can change, things can get worse, and we're very, very cautious about the outlook," Zuckerberg said. Geopolitical turmoil Ukraine is one of the world's leading suppliers of corn, wheat and sunflower oil, and conflict in the country has significantly reduced the supply of these key ...

Source: Oilworld