TRT World (Turkey) published an article on how the Russian invasion of Ukraine is threatening to restrict already tight global supplies of grain and fertilizer as Black Sea distribution hubs and supply lines shut down amid the chaos and violence that is only expected to worsen as Russian aggression intensifies and Western sanctions broaden. Senior research fellow Joseph Glauber said that all of this is going to take a heavy toll on importers. Coming into this crisis the world was dealing with “very short supplies, strong demand and low stocks. On top of that, you’re talking about major producers of wheat and feed grains in Ukraine and Russia. Disrupting production and trade out of that region is very, very significant.”
How Russia’s invasion of Ukraine will impact the global food supply (TRT World)
March 03, 2022