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The crisis threatens the world’s food market – British intelligence

Photo: capitalist.tv

The invasion of the Russian Federation in Ukraine significantly disrupted the process of agricultural production in the country.

Russia’s war against Ukraine will affect the growth of world grain prices, which could have serious consequences for markets. On Monday, April 25, told report British intelligence.

The document states that Russia’s invasion of Ukraine significantly weakens Ukrainian agricultural production.

“Ukraine’s grain harvest in 2022 is likely to be approximately 20% lower than in 2021 due to the reduction in hectares after the invasion,” the report said.

They noted that Ukraine is the fourth largest producer and exporter of agricultural products in the world, and the reduction in grain supplies from Ukraine will create inflationary pressure, which increases world grain prices. .

British intelligence stressed that less developed countries would suffer more.

It was previously reported that Russian troops were exporting grain from the Kherson region to the annexed Crimea.

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Source: korrespondent

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