La Niña has returned for the third consecutive winter, allowing for drier-than-average conditions across America’s crop belt. Some farmers told Bloomberg that conditions are so dry that “fertilizer is evaporating from the soil, and plants are struggling to emerge from the ground.”
The first grain ship to depart Ukraine since Russia invaded the country in February arrived at Turkey’s Bosphorus strait, leaving behind a wartorn nation where a food tycoon was killed.
Wheat prices rose sharply on July 25 after Russian missiles struck the Ukrainian port of Odesa over the weekend despite claims by the Kremlin that the strike targeted military installations and would not affect grain exports.
The grain issue must be resolved under the auspices of the United Nations, Ukraine’s foreign ministry said on Tuesday.
Hungary says it wants to open a route for food produce from wartorn Ukraine as starvation looms for hundreds of millions of people.