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War in Ukraine creating significant changes in global trade flows

The war in Ukraine is creating significant changes in global trade flows.

That statement from David Przednowek, assistant vice president of grain for CN Rail.

"From a Canadian demand perspective, it started in the last week of February, you've got forward sales put on. We haven't seen a spike in demand as a consequence of that. Where you're seeing it more is trade flow out of the U.S., where a lot of Ukraine corn can't get out. That has to get covered by other origins. The U.S. is one of those origins that can cover, from that perspective we're seeing those changes occur."

He notes it will be interesting to see how things play out as we get into the back end of 2022 and beyond to see how prolonged those changes in trade flow are and what the implications are for the movement of grain and other commodities, adding it's still early to tell.

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The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

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