How Azerbaijan will provide itself with grain

Published 2022년 6월 2일

Tridge summary

The article highlights the potential global food crisis caused by the disruption in supply chains due to sanctions imposed on Russia, with a focus on the impact on Ukraine's wheat production. It notes that Ukraine, a significant contributor to global wheat exports, is expected to see a significant decrease in its harvest this year. Azerbaijan is among the top importers of Russian grain, and an agreement with Russia aims to address food security concerns. The article also discusses the implications of the food crisis on various countries and the importance of food production for national security. It emphasizes the need for countries to have a certain volume of grain and leguminous crops produced per person per year to ensure food security and points out the challenges caused by the loss in production due to adverse climatic conditions in traditionally major leguminous crop-producing countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Experts spoke about the causes of the global food crisis, as well as the possible benefits to Azerbaijan from an agreement with Russia. The tense situation around Ukraine covers more and more areas of the world economy. The sanctions imposed against Russia, which have become the primary cause of the disruption of global supply chains, can now lead to a global food crisis. This year, Ukraine will not receive about half of the winter crop, about a quarter of wheat, as well as from a quarter to a third of the harvest of horticultural crops, the AFP agency writes. The country is forecast to be able to produce 21 million tons of wheat, down 12 million tons from last year and 23% below the average harvest over the past five years. Before the crisis, Ukraine accounted for about 12% of world wheat exports. In the current conditions, the presence of a reserve of grain to ensure food security is of particular importance. This is also true for Azerbaijan, which has traditionally bought grain ...
Source: Zol

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.