Russia’s Grain Blockade: Wheat Prices Rise, Ukraine’s Farmers Pay
Part of composite article Russia’s Bombs and El Niño Are Squeezing the World’s Food Supply—Wheat Prices Spike, Farmers Can’t Ship View full article →
World wheat prices are climbing as Russia’s strikes halt Ukraine’s grain shipments. Yet the grain trapped in Ukraine’s ports loses value every week. Farmers face a double loss: global demand drives prices up, but their harvest cannot reach buyers. The supply scare benefits traders elsewhere, while Ukrainian producers bear the cost.