Kyiv is sending abroad sunflower seeds it once processed into oil, a change that’s easing a market that went haywire after Russia’s invasion
The sunflower—normally seen as a symbol of hope and peace in Ukraine—has come to represent surging food inflation since Russia’s invasion began. WSJ’s Shelby Holliday explains why a global shortage of sunflower oil is sending prices of cooking oil to record highs.
Photo: Alexander Ryumin/Zuma PressMuch of Ukraine’s sunflower-seed oil exports remain curtailed by the war, but farmers are sending out the raw seeds instead, stabilizing theIn January, Ukraine exported 347,000 tons of sunflower-seed oil, down sharply from the 612,000 tons exported in January 2022 before the war, according to data from Black Sea agricultural consulting firm SovEcon.
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