Chilean Minister Valenzuela rules out significant impacts on the price of bread in the face of a new escalation of violence between Russia and Ukraine

"We have a very significant milling industry in Chile, the price of wheat and corn have been falling in recent months, so we estimate that there will be a limited impact on the price of bread, which would be in one digit. , and that it should not be more than that.” The Minister of Agriculture, Esteban Valenzuela, was so clear, who was accompanied by the director of Odepa, Andrea García, when referring to the impact that the new escalation of violence could have on the price of this product after the announcement by Russia of the suspension of the agreement on the export of grain from Ukrainian ports through the Black Sea. Given this announcement, which has not been a surprise for the market, Minister Valenzuela came out to dismiss possible increases in this type of product given that in Chile "we have a good supply of grains and, in addition, we have exchanges with Argentina, Paraguay, Canada and the United States, which, thanks to trade agreements, is fluid and available, ...