World: Predictions of a wheat shortage after Russia invaded Ukraine never materialized

게시됨 2023년 2월 24일

Tridge 요약

The article explores the impact of the ongoing conflict in Ukraine on global wheat supplies and prices. Despite initial concerns, the global wheat supply has not experienced a shortage, with increases in production in other countries offsetting the decrease in Ukrainian exports. However, wheat prices have remained high, posing challenges for import-dependent countries. The war has further exacerbated global food insecurity, with the number of undernourished people in East Africa increasing by 10 million due to higher food prices. The article also mentions that planting for wheat in Ukraine is significantly below the previous year due to mine clearance and infrastructure issues, but producers are hopeful for exports. The article also suggests that the United States might increase its wheat exports if conditions permit.

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원본 콘텐츠

Since the beginning of the war in Ukraine in February last year, experts from various commercial outlets have warned that wheat supplies could be stopped and lead to shortages in the supply of grain, higher prices of basic products such as flour and bread and others . Russia and Ukraine together export more than a quarter of the world's wheat. The largest importers are those with no or limited production capacity, and the largest growth markets for wheat imports are North and Sub-Saharan Africa, the Middle East and Southeast Asia, according to the US Department of Agriculture (USDA). , cited by Quartz. Ultimately, however, the forecast of a global wheat shortage did not come true. Ukraine's harvest was 20 million tons of wheat last year, which is about 25% below average. The drop in wheat exports from Ukraine was balanced by an increase in production elsewhere, said economist Monika Totova of the UN Food and Agriculture Organization (FAO). What's more, total wheat production in ...

출처: Money