Stopping sea exports from Ukraine threatens global food security, – Mykola Solskyi
Blocking the “grain corridor” will have negative consequences not only for Ukraine, it will affect food security in the world and may provoke a significant increase in grain prices in the future. The Minister of Agrarian Policy and Food of Ukraine, Mykola Solskyi, said this on the air of the nationwide marathon #UArazom.
“Grain prices react negatively, they will go up. And we really hope for joint work with our partners to correct this situation,” Mykola Solskyi said.
Even those countries that have never bought Ukrainian grain will feel the increase in prices, and the food crisis may also worsen. First of all, in the poorest countries of the world.
The disruption of the deal will also be reflected in the domestic market. In Ukraine, there is already a tendency to decrease the cultivated area. This year, farmers sowed winter crops on approximately 40% less land than last year.
“The grain corridor is important for the Ukrainian farmer because the price of grain grew in the future, which enabled farmers to cover costs and carry out future sowing,” explained the Minister.
Mykola Solsky emphasized that 70% of Ukrainian exports were made through sea corridors. And although Ukraine was the last to significantly increase exports through alternative routes – through the borders with the EU, the stoppage of sea exports threatens global food security.
Read also
Wheat in Southern Brazil Impacted by Dry Weather and Frosts
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Black Sea & Danube Region: Oilseed and Vegoil Markets Within Ongoing Transfor...
Serbia. The drought will cause extremely high losses for farmers this year
2023/24 Safrinha Corn in Brazil 91% Harvested
Write to us
Our manager will contact you soon