• #EGYPT
• #Cereals
• #Cooperation
• #CRISIS
• #Export
• #Food
• #India
• #InternationalTrade
• #Russia
• #Ukraine
• #War
• #Wheat

Egypt has adopted during the last decade, a policy of preferential purchase of wheat from the Black Sea because of its proximity and competitive prices in relation to its quality. The Russian-Ukrainian crisis is now calling this strategy into question.

• #LIBYA
• #Cereals
• #EconomicAnalysis
• #Economy
• #Ukraine
• #Wheat

Libya is heavily dependent (88%) on imports, mainly from Ukraine and Russia, for its cereal needs. The Libyan compensation system for basic necessities has been failing since 2011, which has caused tensions with producers, affected their activity and made prices sensitive to economic fluctuations. The consequences of the war in Ukraine will therefore be significant for the country, while grain prices are soaring on the international market and supplies are likely to become increasingly difficult.

• #EGYPT
• #Cereals
• #CRISIS
• #Economy
• #Export
• #Imports
• #India
• #News
• #Russia
• #Ukraine
• #Wheat

With the conflict between Russia and Ukraine, wheat prices have reached unprecedented levels. Faced with this situation, many countries dependent on the two countries for their supplies are looking for a solution.