Grain crops in Ukraine are collapsing for an estimated quantity of 19.4 million tons, about 40% less than the 33 million tons forecast for this season, which places the country only in sixth place among world exporters of wheat. This is what emerges from Coldiretti's analysis of the latest data from the International Grains Council which estimates world wheat production for 2022/23 to drop to 769 million, also due to the reduction in the United States (46.8 million) and in India (105 million). In contrast to the global trend, the wheat harvest - underlines Coldiretti - grows by 2.6% in Russia to reach 84.7 million tons of which about half are destined for exports (39 million tons).
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A situation that - continues Coldiretti - risks upsetting the world's geopolitical equilibrium with countries such as Egypt, Turkey, Bangladesh and Iran that buy more than 60% of their wheat from Russia and Ukraine but also Lebanon, Tunisia Yemen, and Libya and Pakistan are heavily dependent on supplies from the two countries. For the European Union as a whole - continues Coldiretti - the level of self-sufficiency of community production varies from 82% for durum wheat destined for pasta to 142% for soft wheat destined for bread making according to Coldiretti's analysis of the latter. outlook of the European Commission which highlights the importance of investing in agriculture to reduce dependence from abroad and not submit to food blackmail. To aggravate the situation and to upset the markets - specifies Coldiretti - is the blocking of shipments from sea ports where almost 20 million tons of cereals, including wheat, corn and other products remain in Ukrainian warehouses waiting ...
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