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(Bloomberg) -- Enough grain has made its way out of Ukraine to fill an export vessel in neighboring Romania, marking a small but important first step toward easing the backlog of crops the war has left piled up at home.
By Megan Durisin (Bloomberg) Enough grain has made its way out of Ukraine to fill an export vessel in neighboring Romania, marking a small but important first step toward easing...
On Wednesday, April 13 at 19:30 GMT:Six weeks into Russia's punishing war in Ukraine, the world's food supply is in danger. UN Secretary-General Antón
Soaring prices are causing millions more people around the world to go hungry, with no end in sight.
Across Ukraine’s farm belt, silos are bursting with 15 million tonnes of corn from last year’s autumn harvest, most of which should have been hitting world markets. The stockpiles — about half the corn Ukraine had been expected to export for the season — have become increasingly difficult to get to buyers, providing a glimpse into the turmoil Russia’s war has wrought in the approximately US$120 billion global grains trade. Gummed up by supply chain bottlenecks, skyrocketing freight rates and extreme weather events, markets are bracing for more upheavals as deliveries from Ukraine an...