Ukraine/wheat: conflict will buoy prices until sea corridor proves worth (Financial Times) Financial Times published an article stating Ukraine and Russia have agreed on a safety zone of 10 nautical miles to protect neutral cargo ships carrying grains from the latter’s ports on the Black Sea. Countries in the Middle East and North Africa depend on wheat from Ukraine and
How Sri Lanka went from topping Lonely Planet’s list to almost 30 percent hunger levels (The New Humanitarian) The New Humanitarian published an article stating that against the backdrop of the pandemic and climate shocks, revenue from tourism and remittances has plunged. With utility bills and medicine costs also rising, the five employees she manages – each earns about 50,000
3 more ships with grain depart Ukraine ports under UN deal (Associated Press) Associated Press published an article stating that three more ships carrying thousands of tons of corn left Ukrainian ports Friday, in the latest sign that a negotiated deal to export grain trapped since Russia invaded Ukraine nearly six months ago is slowly moving forward. But major hurdles lie ahead to
Food prices fell sharply in July — but the respite may not last (CNBC) CNBC published an article stating food prices dropped significantly in July from the previous month, particularly the costs of wheat and vegetable oil. While the drop in food prices “from very high levels” is “welcome,” there are doubts over whether the good news will last. Analysts
First shipment of Ukraine’s grain is a test of wartime deal with Russia (Los Angeles Times) Los Angeles Times published an article stating that the first shipment of grain leaving Ukraine was in Bulgaria and headed toward Istanbul. It is the first shipment to leave the Black Sea port since the beginning of Russia’s invasion of Ukraine. According to senior research fellow David Laborde,
Ukraine grain shipped, but global hunger still looms (Farm Policy News – University of Illinois) Farm Policy News published an article stating with more than 20 million tons of grain from last year’s harvest stuck in storage, the resumption of shipments by sea has been a top priority for the Ukrainian government. “But economists warn it is too soon to declare victory. Agricultural
First shipment of Ukraine’s grain is a test of wartime deal with Russia (Los Angeles Times) Los Angeles Times published an article stating that after several months, Ukraine and Russia agreed to opening ports in the Black Sea region. The first cargo ship to leave Ukraine since Russia invaded its neighbor more than five months ago was off the coast
Liberating Snake Island is not enough to ensure global food security (Organization for World Peace) OWP published an article stating Snake Island, an island captured by Russia on the first day of its invasion of Ukraine, was abandoned by Russian forces on June 30th. Snake Island’s strategic significance arises from its proximity to the shipping lanes used to export grain