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

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With the Russian army on the Ukrainian border, harvest in “Europe’s bread basket” is underneath menace and Australian farmers may very well be left to fill the hole on the planet’s grain provide.

Ukraine is among the many world’s most fertile farming nations and final yr exported a report 84 million tonnes of grain.

It’s forecast to provide 12 per cent of the world’s wheat and 16 per cent of its corn this yr, however with harvest nonetheless months away, a big chunk of Ukraine’s fertile black farmland lies within the firing line of a brewing battle.

“There’s hypothesis that the Russians are serious about territory east of the Dnieper River which is [forecast to harvest] over 12 million tonnes of wheat — round 47 per cent of Ukraine’s manufacturing,” Mecardo senior agricultural analyst Adrian Ladaniwskyj stated.

“Army occupation of the Black Sea ports may see a big quantity of grain blocked out of the worldwide markets, together with Russia and Kazakhstan.”