News

Urkraine’s Farmers Hold Tight To Grain Supplies

Photo: clipart.com

Spencer, IA: (Mar. 06, 2014) – The U.S. Grains Council says Ukrainian farmers are holding on to grain to protect themselves against declines in that country’s currency amid tensions with Russia, making exports from its Black Sea ports “increasingly difficult.”

A Grains Council regional director says ports have remained open during Russia’s military incursion into Ukaraine’s Crimea region and “vessels are loading.” However, he said shipments are becoming more difficult as local farmers hold grain as a hedge against a devaluing currency.

The Washington-based trade groups says slowed exports from Ukraine, a major wheat and corn exporter, could mean lead to more demand for U.S. crops.

Recent Headlines

in Music

New awards, big performances set for Sunday’s AMAs

taylorAMA

Taylor Swift will kick off the American Music Awards on Sunday by performing her chart-topping single “Blank Space” and will…

in Entertainment

This weekend in entertainment history

elvis

A look at the Hollywood headlines that went down in history.

in Music

This week’s top country tracks

blakeshelton

LISTEN: This week's top country tracks, according to the latest Billboard chart.

in Trending, Viral Videos

TODAY’S MUST SEE: Kids react to a realistic Barbie doll

19-overlay3

The Lammily doll wants to show children that average is beautiful.