Global wheat market affected, fears of rising hunger in some countries

Grain prices have been rising since Corona. Photo: getty images

Russia's invasion of Ukraine has affected the global wheat market, raising fears of an increase in hunger in some countries. 

Are countries larger than Egypt, Indonesia, Nigeria and Turkey import the most wheat. There are only a few countries in the world that produce enough wheat to use and export the rest. 

"Everyone eats wheat but not everyone is capable of producing wheat," says Bruno Permentier, an economist and author of the book Feeding Humanity. 

For a population of 40 billion, it has to import as much wheat as possible. Although there are more grains available in exchange for wheat, there is no one whose taste everyone likes. 

Wheat is ground in a mill to make flour and flour, which is then used to make double bread, noodles, and a variety of foods, including a variety of desserts.

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Why did wheat prices rise?

Grain prices were even higher before Russia's invasion of Ukraine in February. At the same time, the price of fertilizers made from air and nitrogen has gone up. 

In addition, rising temperatures and heat waves in Canada also affected wheat production last year.

Photo (ANP)

Why did the fight between Ukraine and Russia make matters worse? 

Wheat prices have risen sharply since Russia's invasion of Ukraine, reaching 400 euros a tonne in European markets in May. 

Wheat prices have more than doubled since last winter. The sharp rise in wheat prices has created more problems for developing countries. 

According to the United Nations Food and Agriculture Organization, more than 30 countries About 30% of wheat imports depend on Russia and Ukraine. 

Ukraine and Russia are the main sources of grain supply for European countries. 

Europe meets 30 percent of its food needs by importing grain from those two countries. Wheat production in Ukraine and Russia has increased over the past few years. 

Russia leads the world in wheat imports, while Ukraine is close to third. 

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