The Effects of War

NDSU Distinguished Professor Dr. Bill Wilson spoke about the international landscape during the Midwest Agriculture Summit Tuesday. Ukraine has been known as the breadbasket of the world, but Wilson said the war with Russia has impacted that reputation. “Their shipping costs went up from about 75 cents a bushel to about $3 a bushel and they remain at that high level,” said WIlson. “That’s a huge change. They went from the lowest-cost shipper in the world to ultimately the highest-cost shipper in the world and I’m guessing that will remain.”