In this evening edition, learn about harvest conditions in the winter wheat belt, the ransomware attack at AGCO and Ukraine’s export capacity.
Editor Bill Spiegel reports on the state of winter wheat in Kansas, Oklahoma, Colorado and Texas.
“The rain that fell in parts of the winter wheat belt last week came at the last possible moment to save the 2022 wheat crop for some farmers. has not fallen and hopes for 2022 have faded,” writes Spiegel.
Farm equipment maker AGCO Corp said Friday that a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales were stalled during the crucial planting season.
AGCO did not release the names of the facilities or whether any data was stolen, but said it was still investigating the extent of the attack that occurred on Thursday and was working to fix its systems.
Ukraine hopes to increase its export capacity by 50% over the next few months by expanding facilities on its western border, but it will still be well below pre-war levels, the deputy minister of state said on Friday. Infrastructure.
Ukraine, a major global grain producer and exporter, has sharply reduced its grain exports since the start of the Russian invasion to around 1 million tonnes in April, from 6 million tonnes before the war.