United Nations: War in Ukraine to hurt poor nations importing grain in the world
Wheat
Refined Sunflower Oil
Ukraine
Russia
Published Mar 12, 2022
Tridge summary
ROME (AP) — Poorer countries in northern Africa, Asia and the Middle East that depend heavily on wheat imports risk suffering significant food insecurity because of Russia’s war in Ukraine, and the conflict is poised to drive up already soaring food prices in much of the world, the U.N. food agency warned Friday.
Original content
Ukraine and Russia, which is under heavy economic sanctions for invading its neighbor two weeks ago, account for one-third of global grain exports. With the conflict’s intensity and duration uncertain, “the likely disruptions to agricultural activities of these two major exporters of staple commodities could seriously escalate food insecurity globally, when international food and input prices are already high and vulnerable,” said Qu Dongyu, director-general of the Rome-based Food and Agriculture Organization. The U.N. agency, known as FAO, also noted that Russia is the lead producer of fertilizer, and a key fertilizer component — urea — has jumped more than threefold in price in the last 12 months. There’s also the uncertainty over whether Ukraine’s wheat ready in June can be harvested as “massive population displacement has reduced the number of agricultural laborers and workers. Accessing agricultural fields would be difficult,″ Qu noted. Ukraine’s ports on the Black Sea are ...
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