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Search resuls for: "Benoît Fayaud"


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Russia’s moves have profound implications for the export of Ukraine’s grain, a commodity vital for its own economy and world grain markets. How have Russia’s attacks on Ukrainian ports affected the situation? Since Monday’s announcement, Russia has launched a series of nightly aerial attacks on Ukrainian ports, killing and wounding civilians. Six nations have a Black Sea coastline and it is a main conduit for Russia’s grain exports. Last summer, the European Union took steps to smooth a path for Ukraine’s overland grain exports, given the Russian Black Sea blockade.
Persons: Sal Gilbertie, Oleksandr Gimanov, Volodymyr Zelensky, António Guterres, Chris Mcgrath, Vladimir V, Putin, Recep Tayyip Erdogan, Reni, Benoît Fayaud, Arif Husain, , Maciek, Mateusz Morawiecki, ” Monika Pronczuk Organizations: Ministry of Defense, Initiative, World Food, ., Agence France, United Nations, Getty, Strategie, European Union, The New York Times Ministers Locations: Kushuhum, Ukraine’s, Zaporizhzhia, Russia, Moscow, Ukraine, U.S, Chornomorsk, Odesa, Turkey, Istanbul, China, Poland, Izmail, Romanian, Constanta, Russian, Bulgaria, Hungary, Romania, Slovakia
Farmers in Poland and other eastern European countries who held out for higher prices have been hit by a perfect storm. A jump in exports from Brazil and Russia helped to drive global grain prices lower while the EU opened its borders to tariff-free Ukrainian grain imports in a show of solidarity after Russia blocked the country's Black Sea ports. After opening its borders to Ukrainian grain, Poland imported 2.08 million tonnes of maize and 579,315 tonnes of wheat last year, up from just 6,269 tonnes of maize and 3,033 tonnes of wheat in 2021. If the grain corridor due to expire this month were to collapse, Ukrainian farmers would have little option but to send all their grain exports through eastern Europe. European wheat prices hit post-harvest highs in October 2022 of more than 350 euros a tonne but since then prices have dropped to pre-invasion levels of about 235 euros.
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