The world’s largest wheat exporter, Russia, has shipped 23 million tons of wheat to the world market from the beginning of the agricultural year, which started on July 1, 2021, to March 10 this year. This was announced by the country’s Ministry of Agriculture on Monday. That’s 30.9 percent less than at the same time last season.
The country’s total grain exports are also down, with barley shipments down 34.7 percent to 2.9 million tons and corn shipments down 21.7 percent to 1.8 million tons.
Recently, wheat prices have reached record highs due to supply shortages resulting from the crisis in Ukraine. Russia and Ukraine account for around 30 percent of global wheat exports.
The conflict between the two countries has brought the world to the brink of a food crisis, analysts warn. The number of people at risk of starvation has risen to 44 million from 27 million in 2019, the United Nations World Food Program said in March.
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