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Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges
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A lackluster U.S. harvest this year is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine, agriculture-industry executives said.
Senior executives from companies such as Bayer AG , Corteva Inc., Archer Daniels Midland Co. and Bunge Ltd. said worldwide crop supplies remain tight, and some said at least two more years of good harvests in North and South America are needed to ease the pressure. Persistent drought conditions in the U.S. and agricultural countries in South America, along with uncertainty over crop production in Ukraine, are making that harder, they said.
Read more on wsj.comAbout this in other media
Ukraine War Creates Worst Global Food Crisis Since 2008, IMF Says wsj.com /1 year ago
India’s Central Bank Calls Aggressive Monetary Policy a Shock to Global Economy wsj.com /1 year ago
Gas prices rise in Europe as fears grow Russia may halt supplies via Ukraine theguardian.com /1 year ago
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