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Underlining Ukraine’s role as a world food power,

exports of all grains are expected to hit 56 million tons, from a record harvest of 75.8 million tons, the Agrarian Policy and Food Ministry predicted on Monday. During the current 2021-2022 market year, Ukraine expects to export 21 million tons of wheat and 31 million tons of corn. By contrast, Russia expects to export 37 million tons of wheat, according to SovEcon, the Moscow-based agricultural consulting company.

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Concorde Capital’s agricultural expert Andriy Perederey writes: