This was reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine. April 22-24 Minister of Agrarian Policy and Food Nikolay Solsky paid a working visit to the Republic of Latvia. During the visit, he met with Latvian Minister of Agriculture Kaspars Gerhards, and also visited the Freeports of Riga, Ventspils and the special economic zone of the city of Liepaja.
Viewing posts from April, 2022
Ukraine may ease wheat-export curbs as soon as next month, once it is confident that spring sowing is progressing enough despite Russia’s invasion, though export capacity remains strained with some seaports effectively closed by fighting, an official who oversees the country’s trade said.
The conflict between the two wheat-surplus nations has raged on for a month now, with no end in sight. Consequently, this supply shock has made the global wheat prices climb — all working in India’s favour.
Averaging 100 million tonnes (MT) in the last five years, India is the world’s second-largest producer of wheat after China (133 MT), but a high consumption base has seldom allowed the country to be a big exporter. According to the United Nations Food and Agriculture Organization (FAO), clubbed together, Russia and Ukraine produce more or less the same amount of wheat India does, 104 MT.