World Food Supply Stays Tight After Weak U.S. Harvest

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A lackluster U.S. harvest this twelvemonth is mounting backmost efforts to relieve a planetary nutrient proviso that has been constrained by Russia’s warfare successful Ukraine, agriculture-industry executives said.

Senior executives from companies specified arsenic Bayer AG , Corteva Inc., Archer Daniels Midland Co. and Bunge Ltd. said worldwide harvest supplies stay tight, and immoderate said astatine slightest 2 much years of bully harvests successful North and South America are needed to easiness the pressure. Persistent drought conditions successful the U.S. and cultivation countries successful South America, on with uncertainty implicit harvest accumulation successful Ukraine, are making that harder, they said.

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