First modification:
Kiev ordered the temporary suspension of foreign sales of the grain and Russia assured that it will prioritize domestic consumption over exports, putting more pressure on international food supplies in the midst of the war.
As the Russian invasion of Ukraine completes its second week, feeding the warring population has become an increasingly critical concern. The Ukrainian government has banned the export of wheat, crucial to the world’s food supply, in an effort to stave off shortages.
Russia, for its part, warned that it must prioritize the supply of this grain to national bakeries over foreign markets, although it did not clarify whether it will impose export limits.
Prime Minister Mikhail Mishustin explained that “this is important to maintain the balance of the food market and we are closely monitoring the prices of the most essential goods, including bread.”
Together, Russia and Ukraine supply almost a third of the world’s exports of wheat and barley, the price of which has soared since the invasion, and the military conflict threatens, in addition to grain production, the supply of edible oils and fertilizers.
Ukraine seeks to avoid famine during war
Not only wheat exports were subject to suspension. The measure also includes oats, barley, sugar, salt and meat.
The ban is necessary to prevent a humanitarian crisis, stabilize the market and “satisfy the population’s needs for critical food products,” said Roman Leshchenko, Ukraine’s Minister of Agrarian and Food Policy.
This becomes the latest sign that the Russian invasion of Ukraine threatens the global food supply in Europe, Africa and Asia, mainly, which depend on crops from the Black Sea region, known as the “breadbasket of the world”. .
If not Ukraine and Russia, then who?
Following the Russian invasion of Ukraine, and its consequent effect on supply, India it quickly became the world’s only major supplier of wheat, thanks to huge surpluses in the country. The rebound in world prices and the record drop in the Indian rupee against the dollar also makes wheat shipments attractive to exporters.
Warehouses are full of wheat after five consecutive record harvests, largely as a result of favorable weather, the introduction of high-yielding seed varieties and state support for growers.
In the past, India has struggled to export wheat because it offers it at a higher price than its competitors, making overseas sales unprofitable for years. Now, with its big competitors at war, the situation could change.
With AP, Reuters and EFE
First modification:
Kiev ordered the temporary suspension of foreign sales of the grain and Russia assured that it will prioritize domestic consumption over exports, putting more pressure on international food supplies in the midst of the war.
As the Russian invasion of Ukraine completes its second week, feeding the warring population has become an increasingly critical concern. The Ukrainian government has banned the export of wheat, crucial to the world’s food supply, in an effort to stave off shortages.
Russia, for its part, warned that it must prioritize the supply of this grain to national bakeries over foreign markets, although it did not clarify whether it will impose export limits.
Prime Minister Mikhail Mishustin explained that “this is important to maintain the balance of the food market and we are closely monitoring the prices of the most essential goods, including bread.”
Together, Russia and Ukraine supply almost a third of the world’s exports of wheat and barley, the price of which has soared since the invasion, and the military conflict threatens, in addition to grain production, the supply of edible oils and fertilizers.
Ukraine seeks to avoid famine during war
Not only wheat exports were subject to suspension. The measure also includes oats, barley, sugar, salt and meat.
The ban is necessary to prevent a humanitarian crisis, stabilize the market and “satisfy the population’s needs for critical food products,” said Roman Leshchenko, Ukraine’s Minister of Agrarian and Food Policy.
This becomes the latest sign that the Russian invasion of Ukraine threatens the global food supply in Europe, Africa and Asia, mainly, which depend on crops from the Black Sea region, known as the “breadbasket of the world”. .
If not Ukraine and Russia, then who?
Following the Russian invasion of Ukraine, and its consequent effect on supply, India it quickly became the world’s only major supplier of wheat, thanks to huge surpluses in the country. The rebound in world prices and the record drop in the Indian rupee against the dollar also makes wheat shipments attractive to exporters.
Warehouses are full of wheat after five consecutive record harvests, largely as a result of favorable weather, the introduction of high-yielding seed varieties and state support for growers.
In the past, India has struggled to export wheat because it offers it at a higher price than its competitors, making overseas sales unprofitable for years. Now, with its big competitors at war, the situation could change.
With AP, Reuters and EFE
First modification:
Kiev ordered the temporary suspension of foreign sales of the grain and Russia assured that it will prioritize domestic consumption over exports, putting more pressure on international food supplies in the midst of the war.
As the Russian invasion of Ukraine completes its second week, feeding the warring population has become an increasingly critical concern. The Ukrainian government has banned the export of wheat, crucial to the world’s food supply, in an effort to stave off shortages.
Russia, for its part, warned that it must prioritize the supply of this grain to national bakeries over foreign markets, although it did not clarify whether it will impose export limits.
Prime Minister Mikhail Mishustin explained that “this is important to maintain the balance of the food market and we are closely monitoring the prices of the most essential goods, including bread.”
Together, Russia and Ukraine supply almost a third of the world’s exports of wheat and barley, the price of which has soared since the invasion, and the military conflict threatens, in addition to grain production, the supply of edible oils and fertilizers.
Ukraine seeks to avoid famine during war
Not only wheat exports were subject to suspension. The measure also includes oats, barley, sugar, salt and meat.
The ban is necessary to prevent a humanitarian crisis, stabilize the market and “satisfy the population’s needs for critical food products,” said Roman Leshchenko, Ukraine’s Minister of Agrarian and Food Policy.
This becomes the latest sign that the Russian invasion of Ukraine threatens the global food supply in Europe, Africa and Asia, mainly, which depend on crops from the Black Sea region, known as the “breadbasket of the world”. .
If not Ukraine and Russia, then who?
Following the Russian invasion of Ukraine, and its consequent effect on supply, India it quickly became the world’s only major supplier of wheat, thanks to huge surpluses in the country. The rebound in world prices and the record drop in the Indian rupee against the dollar also makes wheat shipments attractive to exporters.
Warehouses are full of wheat after five consecutive record harvests, largely as a result of favorable weather, the introduction of high-yielding seed varieties and state support for growers.
In the past, India has struggled to export wheat because it offers it at a higher price than its competitors, making overseas sales unprofitable for years. Now, with its big competitors at war, the situation could change.
With AP, Reuters and EFE
First modification:
Kiev ordered the temporary suspension of foreign sales of the grain and Russia assured that it will prioritize domestic consumption over exports, putting more pressure on international food supplies in the midst of the war.
As the Russian invasion of Ukraine completes its second week, feeding the warring population has become an increasingly critical concern. The Ukrainian government has banned the export of wheat, crucial to the world’s food supply, in an effort to stave off shortages.
Russia, for its part, warned that it must prioritize the supply of this grain to national bakeries over foreign markets, although it did not clarify whether it will impose export limits.
Prime Minister Mikhail Mishustin explained that “this is important to maintain the balance of the food market and we are closely monitoring the prices of the most essential goods, including bread.”
Together, Russia and Ukraine supply almost a third of the world’s exports of wheat and barley, the price of which has soared since the invasion, and the military conflict threatens, in addition to grain production, the supply of edible oils and fertilizers.
Ukraine seeks to avoid famine during war
Not only wheat exports were subject to suspension. The measure also includes oats, barley, sugar, salt and meat.
The ban is necessary to prevent a humanitarian crisis, stabilize the market and “satisfy the population’s needs for critical food products,” said Roman Leshchenko, Ukraine’s Minister of Agrarian and Food Policy.
This becomes the latest sign that the Russian invasion of Ukraine threatens the global food supply in Europe, Africa and Asia, mainly, which depend on crops from the Black Sea region, known as the “breadbasket of the world”. .
If not Ukraine and Russia, then who?
Following the Russian invasion of Ukraine, and its consequent effect on supply, India it quickly became the world’s only major supplier of wheat, thanks to huge surpluses in the country. The rebound in world prices and the record drop in the Indian rupee against the dollar also makes wheat shipments attractive to exporters.
Warehouses are full of wheat after five consecutive record harvests, largely as a result of favorable weather, the introduction of high-yielding seed varieties and state support for growers.
In the past, India has struggled to export wheat because it offers it at a higher price than its competitors, making overseas sales unprofitable for years. Now, with its big competitors at war, the situation could change.
With AP, Reuters and EFE