Cargill says it will stop exporting grain out of Russia on July 1.
North Dakota State University Extension Grain Marketing Specialist Frayne Olson tells Brownfield this will affect Russia’s grain movement.
A report from the RBC Daily, a Russian media outlet, says Cargill has moved 2.2 million tons of Russia’s total grain production, about 4% of all Russian grain exports, in the current marketing year.
Olson says Russia’s agricultural exports haven’t been hurt as bad as Ukraine’s during the war.
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