The renewal of Russian attacks on Ukrainian ports has led to a 6% increase in wheat prices. Assistant UN Secretary-General Miroslav Jenča stated at a meeting of the UN Security Council: “In recent weeks, we have witnessed renewed attacks by Russia on Ukrainian Black Sea ports.” H... #agroexportukraine #AttackOnOdesa #GlobalFoodSecurity #MiroslavJenča #SeaPortsUkraine #Ukrainiangrain #WorldWheatPrices
Another dependence on the Russian Federation appeared in the EU, which threatens food security. A flow of cheap Russian fertilizers could drive European producers out of business, threatening long-term global food security. In particular, 33% of urea imports, the cheapest form of nitrogen fertil... #GlobalFoodSecurity #RussianFertilizers #SanctionsAgainstRussia #SKWpiesteritz #YaraInternational
The export of agricultural products via the Black Sea corridor has reached pre-war levels. After the Russian Federation withdrew from the Black Sea Grain Initiative last summer, 1,300 ships have carried 25 million tons of farm products through the temporary sea route created by Ukraine and ... #agroexportukraine #GlobalFoodSecurity #GrainfromUkraine #UkraineMaritimeCorridor #Ukrainiangrain
Global wheat prices dropped by 25%, and increased supply will continue to drive this trend. According to the World Bank, global wheat and corn prices fell to three-year lows in the first quarter of 2024. As a result, global prices for corn and wheat decreased compared to the previous quarter... #CornHarvest #Farmers #GlobalFoodSecurity #GrainHarvest #worldbank #WorldWheatPrices
The Ukrainian government presents steps to ensure global food security. Minister of Economy Yulia Svyridenko stated during the summit in Malta that free and safe navigation in the Black and Azov Seas is a critical point for guaranteeing food security. In addition, importi... #agroexportukraine #GlobalFoodSecurity #GrainCorridors #Ukrainiangrain #YuliyaSvyridenko
This year, global food imports may rise to a record $1.98T. This forecast is 1.5% higher than 2022’s record figure, which was estimated at $1.95T, said Maximo Torero, the chief economist of the UN Food Organization. He stressed that despite reaching a ne... #FoodImports #GlobalFoodPrices #GlobalFoodSecurity #MaximoTorero
Ukraine will continue to supply grain despite Russia’s withdrawal from the grain agreement. Having secured political consent from its partner countries, Ukraine will continue grain exports with its allies despite the withdrawal of the Russian Federation from the grain agreement, said the pre... #GlobalFoodSecurity #GrainAgreement #GrainExportUkraine
Businesses call on the UN and Turkey to unblock the grain initiative. The EBA, the ACC in Ukraine, and the Ukrainian Club of Agrarian Business have prepared a joint appeal. The parties have called on the UN and Turkey to unblock the Black Sea Grain Initiative and ensure... #GlobalFoodSecurity #GrainAgreement #UkraineExport
Due to war and drought, world grain reserves will be reduced to a 10-year low. Despite the resumption of exports from Ukraine, there may still be a global grain shortage. This possibility results from smaller shipments from Ukraine and decreased harvests from other large produce... #GlobalFoodSecurity #GrainReserves #UkraineGrainExport
The World Bank will allocate $30B for global food security due to the war in Ukraine. The World Bank has announced plans to give more than $30B to projects in order to meet the world’s food security challenges, which have sharpened since Russia’s undertaking of a major war ... #GlobalFoodSecurity #worldbank #WorldBankAid
