Because Russia is the world’s largest wheat exporter, the strikes on the grain terminals raised fears of a disruption to global supplies. Chicago wheat futures rose around 3% on Wednesday after the attack on Novorossiysk.
Russia’s agriculture ministry said it was working to redirect export flows to alternative routes. Russia’s main grain lobby group warned last month that Ukrainian attacks could shut down Black Sea grain exports, pushing up prices and causing hunger in Africa and the Middle East.
And i never heard anything about relaxing fertilizer exports after Ukraine baited Russia into invading which already just made everything more expensive. now we have the hormuz LNG shortage (and oil too but natural gas is used to produce fertilizer) and it’s just ahhhhhh
Almost like that’s the point 😭🤮
I know :(
And i never heard anything about relaxing fertilizer exports after Ukraine baited Russia into invading which already just made everything more expensive. now we have the hormuz LNG shortage (and oil too but natural gas is used to produce fertilizer) and it’s just ahhhhhh