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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
Exports of Ukrainian corn and wheat that supplied Africa, the Middle East, Asia and European Union all but halted when Russia invaded Ukraine a year ago, closing down Black Sea ports. Now, there is a scheme to lessen the impact if those ports are closed again, European Commissioner for Agriculture Janusz Wojciechowski tells Agri-Pulse.
Russia’s repeated claims that the Black Sea Grain Initiative only helps wealthy nations have kept Ukraine on the defensive for months. Now, Ukraine is trying to flip the script on Moscow, with support from the U.S., United Nations, Japan, France, Norway and other countries.
Russia’s invasion of Ukraine was the top story in global news throughout 2022, forcing American ag and food policy watchers to keep a close eye on the war’s implications for domestic agriculture interests and world food security.
As farmers finish harvest and start sending crops to market, a shortage of diesel is keeping the fuel at historically high levels even as gas prices are easing.
The ink was barely dry on a deal to allow shipments of grain stuck in Ukrainian ports when Russia unleashed a missile attack that has jeopardized the agreement.
A 10-year forecast for global agriculture projects that worldwide food consumption will increase by 1.4 % per year over the next decade, with the increase primarily concentrated in low to middle-income areas.
The war in Ukraine will increase food insecurity around the world, especially in countries heavily dependent on wheat imports from that country and Russia, and exacerbate already existing supply chain pressures, panelists on a global trade webinar said.