Ukraine Agriculture Minister Mykola Solskyi said Saturday that grain export potential for the country worsens by the day. Solskyi, in a televised briefing, said Ukraine would normally be exporting 4 million to 5 million tonnes of grain per month. To date, that volume has only reached a few hundred-thousand tonnes. To offset the steep drop in world supply, Europe and other countries are ramping up production.
President Biden told reporters over the weekend that global food shortages are a possibility, while the EU Commission President said they would step up hunger-relief efforts and encourage farmers to grow more food. European farmers are now allowed to plant crops on fallow land to meet the need for increased food supplies.
Read more on the Ukraine grain export crisis here and read more on the EU and President Biden’s response here.
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