global-food-security4.95 min read
"Rice Shortages and Soaring Prices Threaten Global Food Security"
2 years ago•Source: Yahoo News
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3.475 min•2 years ago
Escalating Russia-Ukraine tensions drive wheat prices to new heights
Wheat prices have risen for a third consecutive day as tensions between Russia and Ukraine escalate, sparking fears of a major global food crisis. Russia's threat to treat ships heading for Ukrainian ports as military cargo carriers has deepened concerns about food security. The rise in wheat prices follows Russia's decision to pull out of the Black Sea Grain Initiative, a crucial wartime deal that provided a humanitarian corridor for the export of Ukrainian grain. Attacks on grain infrastructure in southern Ukraine have further hindered Ukraine's ability to export agricultural commodities. The termination of the initiative is expected to create a significant food crisis worldwide, particularly affecting low-income countries in Africa and the Middle East.
0.555 min•2 years ago
Ukraine's expiring grain deal sparks global food security concerns
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Global Food Security at Risk as Russia Threatens to Withdraw from Ukraine Grain Deal
The Associated Press•2 years ago
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Global Food Security Threatened as Russia Limits Ukraine Grain Shipments, UN Warns
The Associated Press•2 years ago
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Black Sea Grain Deal Extended by Ukraine, Russia, and Turkey.
Russia has agreed to extend the Black Sea grain deal with Ukraine for another 60 days, allowing Ukraine to ship grain through the Black Sea to countries suffering from hunger. The deal was brokered by Turkey and the UN last summer and has already seen 30.3 million tonnes of grain exported from Ukraine. While Russia's exports of food and fertiliser are not subject to Western sanctions, Moscow claims restrictions on payments, logistics and insurance have become a barrier to shipments.
Russia and Ukraine Extend Grain Deal, Boosting Global Food Security
Russia has agreed to extend the Black Sea Grain Initiative, which allows Ukraine to ship grain through the Black Sea to countries in Africa, the Middle East, and parts of Asia that rely on Ukrainian wheat, barley, vegetable oil, and other affordable food products. The deal has helped lower prices of food commodities like wheat over the last year, but that relief has not reached kitchen tables. The extension is a boost to global food security after the war launched more than a year ago drove up prices.