Millions of Tons of Grain Stuck in Ukraine amid Fears of Global Food Crisis

‘None of the grain can be used right now’ A United Nations director has warned there are millions of tons of grain stuck in Ukraine as Russia’s war disrupts food production.Regional director of the United Nations’ World Food Programme, Germany-based Martin Frick, has said there are as many as four and a half million tons of grain just sitting at Ukrainian ports waiting to be … Continue reading Millions of Tons of Grain Stuck in Ukraine amid Fears of Global Food Crisis

Putin’s Invasion Will Raise Food Prices Worldwide

The Russian invasion of Ukraine, a major grain exporter, will raise food prices worldwide and worsen unrest in countries dependent on food imports. Ukraine has some of the world’s most fertile soil. Although America imports little Ukrainian food, the war in Ukraine, rising global fertilizer costs, and lower than expected grain yields in South America, will likely cause grain prices to rise by about 10 percent in the next year due to international market … Continue reading Putin’s Invasion Will Raise Food Prices Worldwide