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Ukraine’s Wheat, Corn Face Mounting Drought Risk, Martell Says

Winter-wheat crops and corn prospects in Ukraine face mounting risk from an intensifying drought in central and eastern areas amid political tensions with Russia, according to Martell Crop Projections.

Parts of Ukraine, projected to be the world’s third-biggest corn exporter and sixth-largest wheat shipper, got 30 percent to 50 percent of normal rain in the past four months, Martell said. Normal precipitation this spring probably won’t compensate for soil-moisture deficits of as much as 4 inches (10 centimeters).