What Drives the Price of Wheat, Beyond War in Ukraine

The price has fallen sharply from its peak after one major producer, Russia, invaded another, Ukraine. But that hasn’t ended fears of a global hunger crisis.

#agriculture-department, #fertilizer, #food, #futures-and-options-trading, #global-warming, #international-relations, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #shortages, #ukraine, #wheat

Russia Agrees to Let Ukraine Ship Grain, Easing World Food Shortage

Ukraine and Russia signed a deal to lift Russia’s blockade of Ukrainian ports, which has worsened a global food crisis — their most important agreement since the war began.

#embargoes-and-sanctions, #food-insecurity, #grain, #guterres-antonio, #putin-vladimir-v, #russian-invasion-of-ukraine-2022, #ships-and-shipping, #shortages, #ukraine, #united-nations, #wheat

Heat waves in Europe threaten crops at a time when the grain from Ukraine remains blocked.

#drought, #european-union, #france, #malnutrition, #russian-invasion-of-ukraine-2022, #wheat

Global Food Crisis Tests Western Resolve to Retain Russia Sanctions

With a food shortage threatening to create widespread famine, Western countries face a tough choice as sanctions exacerbate the problem.

#embargoes-and-sanctions, #food-insecurity, #humanitarian-aid, #international-trade-and-world-market, #russian-invasion-of-ukraine-2022, #shortages, #wheat

As Russia Chokes Ukraine’s Grain Exports, Romania Tries to Fill In

With famine threatening millions, Europe is intent on finding alternatives to one of world’s biggest food exporters, whose landlocked crop is stranded by war.

#agriculture-and-farming, #europe, #european-union, #food, #grain, #ports, #romania, #russia, #russian-invasion-of-ukraine-2022, #ships-and-shipping, #supply-chain, #ukraine, #wheat

On Inflation and the Food Crisis, the World Can Work Together or Fall Apart

No single country can solve the problem of rising food and fuel costs.

#africa, #biden-joseph-r-jr, #black-sea, #coronavirus-2019-ncov, #economic-conditions-and-trends, #embargoes-and-sanctions, #federal-reserve-system, #food, #food-insecurity, #global-warming, #grain, #guterres-antonio, #inflation-economics, #international-relations, #international-trade-and-world-market, #middle-east, #odessa-ukraine, #politics-and-government, #ports, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #ships-and-shipping, #shortages, #third-world-and-developing-countries, #ukraine, #united-states-economy, #united-states-international-relations, #wheat

Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

Russia’s war in Ukraine is combining with a global tightening of credit and an economic slowdown in China to sow misery in low- and middle-income countries.

#africa, #brazil, #bursa-turkey, #cameroon, #economic-conditions-and-trends, #embargoes-and-sanctions, #far-east-south-and-southeast-asia-and-pacific-areas, #federal-reserve-system, #inflation-economics, #interest-rates, #international-monetary-fund, #middle-east-and-africa-migrant-crisis, #pakistan, #politics-and-government, #prices-fares-fees-and-rates, #sudan, #third-world-and-developing-countries, #united-states-economy, #war-and-armed-conflicts, #wheat, #yemen

India Bans Most Wheat Exports, Adding to Fears of Global Food Insecurity

The ban could compound a worldwide shortfall worsened by the war in Ukraine and exacerbate an already dire forecast for global hunger.

#agriculture-and-farming, #food-insecurity, #india, #international-trade-and-world-market, #russian-invasion-of-ukraine-2022, #wheat

China Is the Next Worry as Food Prices Soar

Ukraine’s wheat exports have been mostly halted since Russia’s invasion, while drought has damaged crops in India and the United States. China’s upcoming harvest is another concern.

#china, #communist-party-of-china, #food-insecurity, #international-trade-and-world-market, #politics-and-government, #supply-chain, #wheat, #xi-jinping

Governments Tighten Grip on Global Food Stocks, Sending Prices Higher

Dozens of countries have thrown up trade barriers in the past two months to protect scarce supplies of food and commodities, but experts say the policies will only exacerbate a global food crisis.

#economic-conditions-and-trends, #embargoes-and-sanctions, #food-insecurity, #international-trade-and-world-market, #okonjo-iweala-ngozi, #protectionism-trade, #third-world-and-developing-countries, #war-and-armed-conflicts, #wheat

War’s Disruption to Ukraine’s Farms Seeds Global Food Crisis

The Russian invasion is pummeling Ukraine’s agriculture, threatening harvests in Europe’s breadbasket and contributing to a global food crisis.

#agriculture-and-farming, #chernihiv-ukraine, #corn, #dnipro-ukraine, #food, #grain, #kherson-ukraine, #odessa-ukraine, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #war-and-armed-conflicts, #wheat, #zaporizhzhia-ukraine

A Market Mystery: The ‘Wheat Whale’ That Came Out of Nowhere

Who was behind the surge of trading in wheat futures last month? Some point to a group of Reddit users who mobbed an E.T.F. offering exposure to the wheat market.

#chicago-mercantile-exchange, #commodities, #exchange-traded-funds, #futures-and-options-trading, #international-trade-and-world-market, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #securities-and-exchange-commission, #war-and-armed-conflicts, #wheat

Putin’s War Has Started a Global Food Crisis

These are the countries that will be most affected by rising food prices.

#afghanistan, #africa, #agriculture-and-farming, #food, #food-insecurity, #global-warming, #international-trade-and-world-market, #russia, #russian-invasion-of-ukraine-2022, #sudan, #ukraine, #war-and-armed-conflicts, #wheat, #world-food-program

Will Putin Kill the Global Economy?

There’s a whiff of 1914 in the air.

#coronavirus-2019-ncov, #economic-conditions-and-trends, #europe, #international-trade-and-world-market, #keynes-john-maynard, #putin-vladimir-v, #ukraine, #war-and-armed-conflicts, #wheat, #world-war-i-1914-18

Mideast Feels the Pinch of Rising Food Prices as Ramadan Nears

Russia’s war on Ukraine has driven up the prices of staple foods and energy across the Middle East and North Africa ahead of the Muslim holy month of daytime fasting and nighttime feasting.

#economic-conditions-and-trends, #egypt, #food-insecurity, #international-monetary-fund, #lebanon, #middle-east, #middle-east-and-north-africa-unrest-2010, #morocco, #politics-and-government, #prices-fares-fees-and-rates, #ramadan, #russian-invasion-of-ukraine-2022, #sisi-abdel-fattah-el, #syria, #tunisia, #wheat

War in Ukraine Threatens World Food Supplies

Nations are not secure unless their food supplies are.

#afghanistan, #agriculture-and-farming, #bangladesh, #belarus, #chicago-board-of-trade, #commodities, #corn, #egypt, #european-union, #famine, #fertilizer, #food, #food-insecurity, #grain, #international-relations, #international-trade-and-world-market, #north-atlantic-treaty-organization, #pakistan, #russia, #russian-invasion-of-ukraine-2022, #shortages, #sudan, #supply-chain, #ukraine, #united-nations, #war-and-armed-conflicts, #wheat, #world-food-program

Ukraine War Strains North Africa Economies

Egypt imports most of its wheat from Russia and Ukraine, and is looking for alternative suppliers. And Tunisia was struggling to pay for grain imports even before the conflict.

#africa, #bread, #cairo-egypt, #coronavirus-2019-ncov, #demonstrations-protests-and-riots, #economic-conditions-and-trends, #egypt, #food, #grain, #international-trade-and-world-market, #lebanon, #middle-east-and-north-africa-unrest-2010, #morocco, #north-africa, #politics-and-government, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #tunisia, #war-and-armed-conflicts, #wheat

Conflict and Climate Change Ravage Syria’s Agricultural Heartland

Drought and a decade of war have brought failing crops and poverty to a region once known as Syria’s breadbasket. Even the bread has changed.

#agriculture-and-farming, #drought, #hasaka-syria, #islamic-state-in-iraq-and-syria-isis, #rivers, #save-the-children, #syria, #united-nations, #war-and-armed-conflicts, #water, #wheat