News

Ukraine war increases global food insecurity

Ukraine
Published Mar 22, 2022

Tridge summary

First, the good news: farmers around the world are growing enough wheat to feed everyone. The bad news is that wheat is becoming more and more expensive, and it isn't growing where it's needed. Since Russia announced its grain export ban last week, prices have once again skyrocketed. Many countries are fearing famine and protests sparked by a lack of food. Moscow's temporary ban on exports of wheat, barley, rye, and other grains is expected to last until at least the end of June. "With Russia's partial export ban on wheat, Putin is using grain as a weapon and threatening the food situation of poor countries, particularly in the south," said Martin Häusling, agricultural policy spokesman for the Greens in the EU Parliament.

Original content

First, the good news: farmers around the world are growing enough wheat to feed everyone. The bad news is that wheat is becoming more and more expensive, and it isn't growing where it's needed. Since Russia announced its grain export ban last week, prices have once again skyrocketed. Many countries are fearing famine and protests sparked by a lack of food. Moscow's temporary ban on exports of wheat, barley, rye and other grains is expected to last until at least the end of June. "With Russia's partial export ban on wheat, Putin is using grain as a weapon and threatening the food situation of poor countries, particularly in the south," said Martin Häusling, agricultural policy spokesman for the Greens in the EU Parliament. According to Germany's Federal Office for Economic Affairs and Export Control, Ukraine's wheat production accounts for 11.5% of the world market, while Russia's share is 16.8%. When it comes to corn, Ukraine supplies 17% of the world's export market. It's not ...
Source: Dw
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