Ukraine: Poor countries will suffer not because of lack of grain, but because of high prices

Published 2022년 9월 15일

Tridge summary

The article highlights the impact of the ongoing conflict in Ukraine on the global grain market, with a focus on poor countries. Analyst Pavlo Martyshev discusses the potential for Ukraine to export 30 million tons of corn if its ports were fully functional, addressing concerns about grain availability and soaring prices. The conflict has disrupted sea transportation, leading to increased freight and insurance costs, which impact grain prices for African markets. Russia's invasion also occurs at a time when Ukraine is primarily exporting corn and sunflower oil, mainly to the European Union and Asian countries. The article also mentions the agreement to unblock Ukrainian grain exports and the criticism the grain agreement has received from the United Nations and the European Union.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The consequences for poor countries can become severe not because of the lack of grain on the market, but because of high prices for it. The grain may be physical, but it will be very expensive. Pavlo Martyshev, an analyst at the Food and Land Use Research Center of the Kyiv School of Economics, told about this on the FREEDOM TV channel. Martyshev also believes that Ukraine could export 30 million tons of corn if the ports were working at full capacity. Follow the news in a convenient format: Follow us on Twitter "Considering the fact that a large part of corn is concentrated in Ukraine, and there is a risk that it will not reach the foreign market, that's why the prices of corn are rising especially strongly," the analyst noted. According to him, food wheat is mainly transported to Africa, and the global exporter of this grain is Russia. Therefore, Russia could export more of its own crops, and could export them more cheaply, if it had not launched a full-scale invasion of ...
Source: Landlord

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