Russia's aggression with Ukraine threatens food shortages for 400 million people worldwide
Ukraine
Published Jan 28, 2022
Tridge summary
This was reported by Latifundist.com. "Any failure in the Black Sea ports could be a driving force in the market in the event of an escalation of the conflict," said Peter Meyer, head of grain and oilseeds analytics at S&P Global Platts. It is noted that agricultural expert Serhiy Stoyanov on his Facebook page even called on the owners of agricultural terminals to join forces.
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"In this case, for the South of the country, I see no other normal motivating forces than the owners of agro-terminal business, interested in defending the territorial integrity of our country," - said Stoyanov. However, according to Risoil co-owner Shota Hadjishvili, the company is not yet preparing a plan "B" for the terminals. "I understand that ports are objects of critical infrastructure. But we are not preparing Plan B as such. If there is a war, it is necessary to prepare, to give a normal rebuff. Although I do not really believe that this will happen. Compared to other countries, Ukraine has more highly motivated citizens. In addition, there have been many waves of mobilization and good armaments have recently begun to arrive, ”Hajisvili said. However, there are business representatives who, on the contrary, have a contingency plan in case of aggression. TIS shareholder Andriy Stavnitser said that if necessary, the company can turn infrastructure into a pile of scrap ...
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