Countries, charities — and Ukrainian farmers themselves — will fund roughly 15 million metric tons of additional grain storage in Ukraine to fix deficits caused by Russia’s invasion, the US Agency for International Development said Monday. The extra capacity to hold grain comes amid rising anxieties about potential food shortages caused by Russia’s war on one of the world’s top wheat-producing countries, which has exacerbated existing supply chain constraints linked to the pandemic. Researchers have warned grain storage shortages affect […]
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Global leaders attend summit in particular person Summit coincides with memorial to Stalin-period famine Initiative is in addition to U.N. export prepare KYIV, Nov 26 (Reuters) – Ukrainian President Volodymyr Zelenskiy hosted a summit in Kyiv with allied nations on Saturday to start a strategy to export $150 million worthy of of grain to nations around the world most vulnerable to famine and drought. The “Grain from Ukraine” initiative shown world foods stability was “not just vacant words and phrases” […]
UN trade chief Rebeca Grynspan reported that food prices had steadily gone down and exports from Ukraine and Russia had increased since a July 22 grain deal, “easing the pain … for 1.6 billion people in the world that have been facing a cost-of-living rise, especially because of the increase in food prices.” The Black Sea Grain Initiative aims to improve global food supply and calm markets. So far 2.7 million metric tons of grains & foodstuffs have been exported […]
Welcome to today’s Morning Brief, where we’re looking at Ukraine’s grain exports and global food prices, Indonesian President Joko Widodo in China, Tunisia’s constitutional referendum, and the world this week. If you would like to receive Morning Brief in your inbox every weekday, please sign up here. Last Friday, Ukraine and Russia signed an agreement to free up Ukraine’s grain for export. In theory, the deal would allow for Ukraine to sell the grain it has kept in storage since its […]
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“A beacon of hope and relief”. This is how UN Secretary General Antonio Guterres described the agreement reached yesterday in Istanbul between Russia and Ukraine that paves the way for the export of Ukrainian grain. The two countries signed separate agreements with Turkey and the UN to unblock grain shipments from Ukrainian ports, which are estimated to hold more than 20 million tonnes of grain. The agreement signed today by Ukraine, the Russian Federation & Türkiye under UN auspices opens […]
With few good solutions — one option put forward appears to be a risky naval escort — the United States and its allies have sought to make it clear who they feel is responsible. Accusing Russia of “blackmail,” European Commission President Ursula von der Leyen said this week that the Kremlin was holding back its own supplies of grain after attacking Ukrainian storage facilities and seizing stocks, all while blockading the country’s ports. “The consequences of these shameful acts are […]
That’s prompted governments across Europe, Africa and the Middle East to scramble for a new source of nutrition for millions of people. To make matters worse, many of the countries who could help fill those voids — including Hungary, Argentina and Turkey — have placed restrictions on exports of key food products, arguing they need to keep enough supply for their own populations. China has also signaled it will likely hold back on rice exports, another major source of global […]
