Australian grain prices set to rise as Russian invasion of Ukraine disrupts global supplies

Australia has the grain to meet increasing demand off the back of a strong harvest, but getting it out of the country will be a challenge

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Wheat growers in Australia could experience a lift in prices if Black Sea supplies become unavailable due to the Ukraine crisis, but experts warn the country's ability to meet increased demand will depend on shifting an export bottleneck.

According to Rabobank, the Black Sea region accounts for 34% of global wheat exports, which have been interrupted by Russia's invasion of Ukraine.

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