The total value of Idaho’s agricultural exports dipped slightly during the first quarter of the year compared with the same period in 2021.

Ukrainian farmers have 20 million tonnes of grain they cannot get to international markets, and a new harvest is about to begin.

Russia has continued to ship its wheat at the now-higher price, finding willing buyers and raking in more revenues per ton.

Bloomberg writer Yvonne Yue Li reported yesterday that, “Farmers are still making money despite the higher costs for fuel and fertilizer, as crop prices have risen even more. “

Global wheat inventories currently stand at about 10 weeks of global consumption, a food supply expert said during a special meeting of the United Nations Security Council on May 19.

This week, the Biden Administration launched a signature foreign policy initiative aimed at increasing economic involvement across Southeast Asia.

President Joe Biden announced Monday from Tokyo the official launch of his Indo-Pacific Economic Framework, or IPEF, that so far includes Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam.