Ukraine: The go-ahead for free ships harvested 19 million tons of wheat

Published 2022년 5월 25일

Tridge summary

A humanitarian corridor opened by Russia has allowed foreign cargo ships to leave the port of Mariupol, leading to more warehouse space for new grain crops in Ukraine. The country is expected to export around 19.4 million tons of grain, which is about 40% less than anticipated and places it as the sixth largest wheat exporter in the world. The closure of Black Sea ports has resulted in a 36% increase in wheat prices over the past three months, affecting both poor and rich countries. The European Union relies heavily on imports for wheat and corn due to low domestic production, and Coldiretti stresses the need for Europe to invest in agriculture to reduce dependence on foreign countries and prevent food blackmail.

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

Original content

With the green light for the departure of foreign cargo ships, space in the warehouses is freed up to accommodate the new grain crops arriving in a few weeks for an estimated quantity of 19.4 million tons, about 40% less than the 33 millions of tons expected for this season, which still place Ukraine in sixth place among the world exporters of wheat. This is what Coldiretti says in reference to the humanitarian corridor opened by Russia to allow foreign ships to leave the port of Mariupol and the first freight train with a load of grain from Ukraine arrived in Lithuania through Poland which inaugurates the possibility of rail transport of cereals. An important change also for Italy which purchases 2.7% of imports of soft wheat for bread-making from Ukraine for a total of 122 million kilos but also 15% of the corn destined for animal feed for a total of 785 million kilos, according to Coldiretti analysis on Istat data for 2021. Russia and Ukraine together account for about 28% of ...

Source: Coldiretti