War in Ukraine: Why does the world need the grain sold by the country?

Published 2022년 7월 22일

Tridge summary

Russia and Ukraine have reached a agreement, brokered by Turkey and the UN, to reopen Ukrainian ports on the Black Sea and allow the transport of grain to the rest of the world. The agreement includes the release of Russian exports of grains and fertilizers. The blockade imposed by Russia on the operation of Ukraine's ports has sent food prices soaring around the world and led to grain shortages. The main importers of Ukrainian grain are developing countries such as Egypt, Indonesia, Bangladesh, Turkey and Yemen. The war will also lead to a reduction of the Ukrainian crop, with about 30% not being harvested.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia and Ukraine reached an agreement, brokered by Turkey and the United Nations (UN), to reopen Ukrainian ports on the Black Sea and allow the transport of grain to the rest of the world. The negotiations took two months and also include the release of Russian exports of grains and fertilizers - Brazil imports 85% of the input, and Russia accounts for 23% of these imports. A blockade imposed by the Russian government on the operation of Ukraine's ports during the Moscow-ordered invasion has sent food prices soaring around the world. Products began to run out of shelves, especially in the poorest countries. How big is the cargo held in Ukraine today? About 20 million tons of grain destined for export are held in the country. Ukrainian President Volodymyr Zelensky said that amount could rise to 75 million tonnes after this year's harvest is complete. The ongoing war will also lead to the reduction of the Ukrainian crop. About 30% of the 86 million tonnes of grain that Ukraine ...
Source: G1globo

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