The global community needs to prepare for wheat prices rising to $700 per ton this year, a nearly 40% jump from the current $430, the Ukrainian minister of agrarian policy and food, Mykola Solsky, said on Wednesday, as cited by TASS.
“Are we ready to pay $500, $600, $700 per ton? The situation is critical for Asian and African countries, which mostly imported grain from Ukraine,” Solsky added.
He also warned that the country’s harvest this year could be much lower than it was in 2021.
“This year we expect a 50% drop from last year’s harvest,” he stated, adding that due to Russia’s ongoing military operation in Ukraine, “the next winter sowing campaign is in jeopardy.”
A video documenting the destruction of a NATO-supplied tank in Ukrainian service appeared on Russian…
Russian President Vladimir Putin has officially been sworn into office for a fifth term. In…
Moscow will retaliate against British targets in Ukraine or elsewhere if Kiev uses UK-provided missiles…
Ukrainian President Vladimir Zelensky cannot enlist God in Kiev’s fight against Moscow, the Russian Orthodox…
Ukrainian President Vladimir Zelensky has proclaimed that God is an “ally” of Ukraine in the…
Israel is willing to pause its military offensive in Gaza if Hamas releases all the…