• #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.

• #EGYPT
• #Agribusiness
• #Agriculture
• #Business
• #Cereals
• #Economy
• #Export
• #Imports
• #MediterraneanExchanges
• #Russia
• #Ukraine
• #Wheat

The prospect of an invasion of Ukraine by Russia does not only send cold sweats to investors on the world's major stock exchanges. In the wheat industry, developments are also being closely monitored.