The conflict between Russia and Ukraine will not cause serious grain shortages in Peru, according to Midagri

Published 2022년 3월 30일

Tridge summary

The article reassures that the ongoing Russia-Ukraine conflict is unlikely to lead to a significant shortage of imported grains, such as yellow corn and wheat, in Peru, as these two crops account for 93% of Peru's grain imports. The majority of yellow corn is sourced from Argentina and the United States, while wheat is primarily imported from Canada, the United States, and Argentina, with a minor share from Russia and other American countries. Despite Peru's minimal role in the global wheat market, it may face higher prices due to its exposure to the international market and the potential redistribution of supply to countries heavily impacted by the conflict.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The war between Russia and Ukraine will not cause a serious shortage of imported grains in Peru, such as hard yellow corn or wheat, main inputs in the production of food for human consumption and the poultry sector, according to version of the Ministry of Agrarian Development and Irrigation (Midagri). Peruvian grain imports are focused on two products, such as yellow corn and wheat, which represent 93% of purchases from abroad, and the remaining 7% are distributed between rice, malting barley, sorghum, canary seed and millet. For example, the supply of yellow corn originates 100% from the American area, most of which are from very close countries such as Argentina and even the United States. More than 96% of the wheat supply comes from Canada, the United States and Argentina, while the difference eventually comes from Russia and other countries in the Americas. On the other hand, the United States Department of Agriculture (USDA, 2022) in its March publication on the ...

Source: Agraria