In Ukraine, the recent escalation of conflict has already led to port closures, the suspension of oilseeds crushing operations and the introduction of export licensing requirements for some crops, all of which could take a toll on the country’s exports of grains and vegetable oils in the months ahead. It also uncertain whether Ukraine will be able to harvest its crops during protracted conflict. Much uncertainty also surrounds Russian export prospects going forward, given sales difficulties that may arise as a result of economic sanctions imposed on the country.
The following report, The Importance of Ukraine and the Russian Federation for Global Agricultural Markets and the Risks Associated with the Current Conflict, was released this week by the Food and Agriculture Organization of the United Nations.
Click here to read the full report
