(Bejou, MN) — Minnesota wheat farmers are being impacted by the Russian invasion of Ukraine. Minnesota Wheat Growers Association president Mike Gunderson says wheat markets are volatile, with currently higher prices resulting from the conflict. Russia is the world’s number one exporter of wheat and Ukraine is the fifth, making up a combined nearly 30-percent of global wheat exports. Ukraine has cut off all wheat exports to ensure they can feed their people. Moves are being considered to make Russian wheat exports difficult. University of Minnesota grain market economist Edward Usset says the increase in grain prices may make Minnesota wheat more valuable, but will also impact food prices.
MN Wheat Farmers Impacted By Russia’s Invasion of Ukraine
By Ashley Hanley|2022-03-14T04:44:30-05:00March 14th, 2022|
About the Author: Ashley Hanley
Ashley (Goettl) Hanley is a North Mankato native and Mankato West graduate who made the switch from TV journalism to radio. After five years at KEYC News 12, Ashley is thrilled to be working for KTOE News. Ashley and her husband John, and son John, enjoy spending time in the community. You can also find Ashley coaching and playing softball and supporting her brother on the MSU football team and her sister with Scarlet athletics. Even though she went to the University of Wisconsin-River Falls, Ashley kept her Minnesota roots and is a big Twins and Vikings fan!