Ukraine's harvest is under threat amid fears of Russian invasion. Can Australia fill the gap?

 With the Russian military at the Ukrainian border, harvest in "Europe's bread basket" is under threat and Australian farmers could be left to fill the gap in the world's grain supply.Ukraine is among the world's most fertile farming countries and last year exported a record 84 million tonnes of grain.

It is forecast to supply 12 per cent of the world's wheat and 16 per cent of its corn this year, but with harvest still months away, a large chunk of Ukraine's fertile black farmland lies in the firing line of a brewing conflict.

"There's speculation that the Russians are interested in territory east of the Dnieper River which is [forecast to harvest] over 12 million tonnes of wheat — around 47 per cent of Ukraine's production," Mecardo senior agricultural analyst Adrian Ladaniwskyj said.

Read More: https://www.abc.net.au/news/rural/2022-01-24/russia-us-military-standoff-ukraine-harvest-in-the-firing-line/100778468



Comments

Post a Comment

Popular posts from this blog

WHAT IS QUICKBOOKS?

Image
 Hi Everyone, I have been working with QuickBooks for more than three years. As a bookkeeper, I have never felt more satisfied with a tool that reduces your workload. Earlier, we used Microsoft Excel to do the calculations and record the entries. However, it was time-consuming and tedious. With the help of the accounting software, there is no need to worry about creating an invoice or tracking expenses of the business and saving the receipts. You can take a picture of the bill and save it using your mobile app. It is as simple as that with the help of the dashboard. I am sharing an article to explain this.     https://www.agibookkeeping.com.au/what-is-quickbooks/
Read more

Client advisory tech platform Lumiant turbocharges US push with $5.2m seed round

Image
 Sydney-founded Lumiant has locked in US$3.5 million ($5.2 million) of seed funds in order to bolster its pursuit of the US market and develop a mobile version of its advice and client engagement platform. Funding for the seed round came from Australian financial planning firm Invest Blue and returning investor US-based wealth management group Savant Wealth Management, and boosts the group’s capital raised to date to approximately $12 million. Securing the funding comes shortly after Lumiant received an investment in January from legendary financial advisor Ric Edelman who founded investment advisory giant Edelman Financial Engines. The terms of that financial support were undisclosed. Read More: https://www.businessnewsaustralia.com/articles/client-advisory-tech-platform-lumiant-turbocharges-us-push-with--5-2m-seed-round.html
Read more

Australian Venue Co makes a splash in WA with nine acquisitions

Image
 One of the nation's leading hospitality venue owner-operators is effectively doubling its footprint in the Western Australian market after reaching acquisition and asset swap agreements for nine properties in Perth. Adding to its 180-plus properties nationwide including some of Australia's most iconic pubs, bars and event spaces, Australian Venue Co (AVC) had reached deals to buy seven venues from Ark Group and two in an asset swap with Colonial Leisure Group (CLG). The company's portfolio will now include Scarborough Beach Bear, The Galway Hooker, The Peach Pit, Durty Nelly’s, Market Grounds, The Generous Squire, the Bassandean Hotel, the Raffles Hotel and The Royal. Read More: https://www.businessnewsaustralia.com/articles/australian-venue-co-makes-a-splash-in-wa-with-nine-acquisitions.html
Read more