Global markets continue to adjust as Russia/Ukraine war moves into second year

Global markets continue to adjust as Russia/Ukraine war moves into second year

Ag Secretary Tom Vilsack says the global market continues to adjust to disruptions caused by Russia’s invasion of Ukraine that happened one year ago today.  

The Black Sea port route is currently open, but there are no assurances that will continue. Vilsack told attendees of the USDA’s Ag Outlook Forum that both the United States and the European Union must ensure market access. “We have to be in a position to be able to respond if, at some point in time, that port is closed again,” he says. 

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