The International Grains Council has condemned Russia's aggression against Ukraine

Published 2022년 4월 15일

Tridge summary

The International Grains Council (IGC) has condemned Russia's aggression against Ukraine, citing the conflict's impact on global food security and prices. The conflict, which has disrupted trade routes, has led to a surge in prices, reaching a 22-year high for the grain and oilseeds index. The IGC has urged Russia to cease its military actions and interfere with agricultural activities, and for other nations to keep their agricultural markets open and not restrict exports. The majority of major exporting and importing countries, including Ukraine, supported the declaration, while Russia voted against it.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last week, on April 6, the International Grains Council (IGC) adopted a declaration condemning Russia's large-scale aggression against Ukraine. The document was adopted at an extraordinary meeting of the council. The Council condemns Russia's aggression in Ukraine, which has raised world export prices to long-term highs. Against the background of sharp growth in international food markets on March 15, 2022, the grain and oilseeds index IGC (GOI) reached its highest level in its 22-year history. The International Grains Council deplores the detrimental effects of Russian aggression on global food security and food availability for people suffering from hunger and all forms of malnutrition caused by the destruction of agriculture, agricultural infrastructure and the cessation of trade in the Black and Azov Seas, which significantly undermines Sustainable development goals. It is noted that together Ukraine and Russia account for about 30% of world wheat exports, 15% of corn exports, ...
Source: Agroconf

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.