Russia’s blockade of Ukrainian ports is raising the risk of a hunger crisis around the world, G-7 nations warned Saturday. The World Food Program said rising food prices will force it to further slash rations.
Russia stepped up missile attacks on Odessa this week, raising fresh concerns about the security of the port. A port in Odessa is seen in March. Foreign ministers from the Group of Seven nations appealed to Russia to free up sea export routes for Ukrainian grain and agricultural products critical to feeding the world, as food prices rise and the World Food Program warns of “catastrophic” consequences if Ukrainian ports remain blocked.“We must not be naive.
As the conflict in Ukraine grinds on, some countries have looked to India as an alternative grain source. But after making moves to expand its agricultural export industry, India on FridaySince Russia invaded Ukraine in February, it has all but captured the port city of Mariupol, where Russian forces have surrounded the last remaining Ukrainian fighters holed up in the Azovstal steel plant.
Ukraine grows enough food to feed 400 million people annually, and 30 percent of the world’s supply of wheat comes from Russia and Ukraine, according to the World Food Program. The impact of the blockage will be felt in both rich and poor countries, Beasley said, and it is already affecting market volatility. The war has driven prices of wheat, cooking oil and other commodities to record highs, and the U.S. Department of Agriculture projected global wheat supplies would fall next crop year.
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