This will amount to 22.5% of global wheat exports, a market-leading share.
In the same period, Ukraine’s share of global wheat exports has shrunk from 9% to an expected level of a little over 6% for this season.
“Ukraine’s [grain] exports are vital to its economy and to feed the world,” Bridget A.
S&P Global expects its wheat exports to fall by 3.7 million tons to 13.4 million in 2023-24, the lowest in nine years.
And a significant reduction in the global wheat supply could yet lift prices, suggests Welsh.
Persons:
Dmitry Medvedev, Vladimir Putin, ” Caitlin Welsh, Bridget A, Putin, Andrey Sizov, Stringer, ” Welsh, Sizov, Vladimir Nikolayev, Paul Hughes, ”, Olesya, Svitlana Vlasova
Organizations:
London CNN —, Russia’s Security, Global, CNN, Initiative, Center for Strategic, International Studies, Moscow, Twitter, Getty, Union, European Commission, EU, US Department of Agriculture, Reuters, Romania, P Global, “
Locations:
Russia, Ukraine, Moscow, Nedvigovka, AFP, Ukraine’s, Poland, mudslinging, Egypt, Siberian Novosibirsk, “ Ukraine