News

The world is starving for Ukrainian grain, but this needs to be negotiated with the Russians

Russia
Ukraine
Published Jun 22, 2022

Tridge summary

More than 20 million tons of grain were trapped in Ukrainian warehouses due to the war. It will take more than a month for them to be transported, otherwise they will not be able to store the crop harvested this year. Not even that 20 to 30 percent of Ukraine’s arable land was unable to begin spring work due to fighting and a shortage of seeds, fertilizer and fuel. It is also conceivable that Russia will then supply the need to third world countries in need on favorable terms.

Original content

Westerners say the European Commission is deliberately closing off Ukrainian grain from the world market, with European Commission President Ursula von der Leyen accusing Russia of using food as a weapon and deliberately exacerbating the crisis by blocking shipping routes. The Kremlin is demanding the lifting of sanctions in exchange for loosening - several of which are reminiscent of political blackmail similar to the excitement of the migration crisis, the G7 wrote. While there is a lot of talk in Hungary about the energy crisis, the food consequences of the war may be even more severe globally. Russia and Ukraine together account for 12 percent of total global food trade, and the two countries together account for nearly a third of world wheat exports and a fifth of corn exports. Their shipments in Africa and the Middle East are almost essential: 36 countries source more than half of their grain needs from the two post-Soviet countries. If a significant part of this falls out, ...
Source: Magro
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