Saturday, May 21, 2022

Is A Global 'Wheat War' Coming?

A harvester gathers wheat from a field near the Krasne village in Ukraine's Chernihiv area [File: Anatolii Stepanov/FAO via AFP]  

RT: Global ‘wheat war’ is coming – media  

West could be forced to ask Russia for grain in exchange for lifting sanctions  

Wheat prices have surged to record highs over the past two months as major producers like Russia, Kazakhstan and India scrapped exports to protect their domestic markets. This has sparked fears of food insecurity and hunger around the world. 

According to experts who spoke to Russia’s Izvestia newspaper, since the beginning of the year the cost of wheat has risen in price by more than 60%. They say the surge was caused by the conflict between Russia and Ukraine, which provide nearly a third of the globe’s wheat exports.  

Read more ....  

WNU Editor: The global wheat stockpile is not as big as many like to believe .... A food insecurity expert predicts that there's only 10 weeks of wheat supplies left in the world as Russian invasion disrupts production (Insider).

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