Dan Piller: A prolonged war that disrupts Ukraine’s grain production could reverse Iowa’s decline in world export markets.
“Nobody is qualified to become a statesman who is entirely ignorant of the problem of wheat” –Socrates
The longstanding boast of Iowa farmers that they “feed the world” has been made increasingly hollow in recent years as emerging grain export powers Brazil, Russia, and Ukraine have grabbed significant shares of the world’s markets from the long-dominant United States.
The Russian invasion of Ukraine and the attacks on Black Sea ports of Kherson, Mariupol, and eventually, Odessa will likely shut off Ukraine from its sea shipping lifeline. A lengthy war would bring into question the ability of Ukrainian farmers to prepare their fields and plant the spring crop.
The possible elimination of Ukraine as a major corn and wheat producer and exporter, even for a short period, could reverse Iowa farmers’ decline in world export markets.Continue Reading...