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Highlights, Full Service, Markets & Rain Days Update 8/1/22

Highlights


Olexii Vadatursky revived grain export and river bulk transport industries for Ukraine after the collapse of the Soviet Union in 1991. He supported medics amid the recent pandemic. Olexii and his wife were killed Sunday morning by a targeted Russian missile strike while sleeping in their home in the port city Mykolaiv. All grain people in Eastern Europe had great respect for Olexii as he made grain farming in Ukraine profitable again for the first time since 1914. What impact his death will have on Ukraine’s grain exports is unknown.

The Ag Minister of Ukraine predicts autumn seedings will be 30-60% less than last year, which was 9 million hectares (22.2 million acres of wheat, barley, rapeseeds, rye).

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