Wheat and corn markets react to war in world's breadbasket

Norge Nyheter Nyheter

Wheat and corn markets react to war in world's breadbasket
Norge Siste Nytt,Norge Overskrifter
  • 📰 FoxNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 87%

Ukraine and Russia both export a high percentage of the world's grain and corn, meaning that the war could put more stress on the already strained supply lines.

There's a reason why Ukraine is called the breadbasket of the world.

On Friday, World Trade Organization Director-General Ngozi Okonjo-Iweala explained that the situation will have a significant impact on the price of bread and other wheat products for regular people. Countries that buy wheat and corn from Ukraine and Russia will now have to look elsewhere, putting more strain on international suppliers.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

FoxNews /  🏆 9. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

High Food Prices to Pressure Inflation This YearHigh Food Prices to Pressure Inflation This YearRising food prices are emerging as a significant headwind to the economic recovery from the pandemic, particularly in developing countries. Russia’s invasion of Ukraine could make those headwinds even stronger.
Les mer »

Russian attack sets Ukrainian home-improvement store ablaze (satellite photo)Russian attack sets Ukrainian home-improvement store ablaze (satellite photo)Privately operated Earth-observation satellites are helping the world keep tabs on this war.
Les mer »

Troops From Belarus Have Crossed Border to Join Putin’s Invasion, Ukraine SaysTroops From Belarus Have Crossed Border to Join Putin’s Invasion, Ukraine SaysEarlier this week, the Belarusian president said Europe was on the brink of World War III.
Les mer »

GBP/USD plunges 130-pips and pressures 1.3300 blamed on geopolitical developmentsGBP/USD plunges 130-pips and pressures 1.3300 blamed on geopolitical developmentsGBP/USD plunges 130-pips and pressures 1.3300 blamed on geopolitical developments By christianborjon GBPUSD Majors Macroeconomics Technical Analysis
Les mer »



Render Time: 2025-03-13 19:42:02