Monday, July 17, 2023

Who Gets Ukraine's Grain?

WNU Editor: The poor countries certainly do not get Ukraine's grain. The above graph is from here .... Russia says Ukraine grain export deal 'ended' (AFP).

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2 comments:

yogi 22 said...

Editor said, "the poor countries certainly do not get Ukraine's grain". Maybe they don't, but when the Ukraine grain is taken off the market, the richer countries will look elsewhere and drive the price up for the now lower supply, thus locking the poorer countries out of the market.
Supply and Demand. Economics 101.

July 17, 2023 at 5:59 PM
yogi 22 said...

It just struck me. I wonder what President Xi thinks about his "friend" making food more expensive for his one billion-plus subjects.
For the editor and other montréalais sake, I hope that Fairmont & St-Viateur don't make their world-best bagels too pricey because of this.

July 17, 2023 at 9:26 PM

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