Your Pro Farmer newsletter (April 23, 2022) is now available

Food insecurity, debt distress and inflation were among the list of global risks cited by leaders of the World Bank and the International Monetary Fund (IMF) during their annual spring meetings. War in Ukraine is adding pressure to a global economy already hit by the Covid pandemic. Both IMF and the World Bank lowered their global economic forecasts due to the increased risks. With heightened food security concerns, there’s greater focus on global production forecasts. The U.S. winter wheat crop continues to be rated very poorly, while spring planting is off to a slow start. Brazil’s safrinha corn crop is holding up for now, but the dry season may be starting early. Ukraine’s crop production will be severely impacted by the Russian attack, but Russia is forecast by some to grow a record wheat crop this year. We cover all of these items and much more in this week’s newsletter, which you can download here.