Balanced Reporting. Trusted Insights. Wednesday, June 29, 2022

Trade

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Summer harvest brings fresh fears for Ukraine’s farmers

Ukraine’s farmers are preparing to begin this year’s problematic summer harvest on the 75% of fields not under Russian occupation, but producers, analysts and political leaders are preoccupied with the broader question of where the grain will be stored as efforts falter to reopen exports through Black Sea ports.
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House sends Ocean Shipping Reform Act to Biden for signature

The House of Representatives voted 369-42 Monday to approve the Senate’s version of the Ocean Shipping Reform Act in an effort to reduce bottlenecks at U.S. ports and improve conditions for agricultural exports. The overwhelming vote sends the legislation to the White House, where President Joe Biden says he will sign it.
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