güey
Member
- Joined
- Dec 6, 2022
- Member Type
- English Teacher
- Native Language
- Ukrainian
- Home Country
- Ukraine
- Current Location
- Ukraine
Could you tell me please how I should understand Ukraine's stock rising?
At the beginning of 2022 Ukraine was the biggest exporter of sunflower oil in the world, the fourth largest shipper of corn, delivering grain to countries from Morocco to Bangladesh and Indonesia. Corn yields were a third lower than the US and a quarter below EU levels leaving room for improvement. Rich Gulf states were showing particular interest in supplies of food from Ukraine. All of this meant that the former breadbasket of the Soviet Union saw its stock rise sharply bringing with it unwelcome consequences.
At the beginning of 2022 Ukraine was the biggest exporter of sunflower oil in the world, the fourth largest shipper of corn, delivering grain to countries from Morocco to Bangladesh and Indonesia. Corn yields were a third lower than the US and a quarter below EU levels leaving room for improvement. Rich Gulf states were showing particular interest in supplies of food from Ukraine. All of this meant that the former breadbasket of the Soviet Union saw its stock rise sharply bringing with it unwelcome consequences.