Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges

A lackluster U.S. harvest is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine, executives say. Some say at least two more years of good harvests in North and South America are needed to ease the pressure. Drought conditions and uncertainty over crop production in Ukraine are making that harder, they say. An agreement between Russia and Ukraine, completed in July, has enabled more than a million tons of grain trapped in Ukrainian silos to be exported.

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