Potato prices continue to rise. At the Garak Market in Seoul on the 4th, a box of 20 kg of potatoes was sold at KRW 75,367 (about USD 58.48). Compared to the average value (48,105 won) from 2019 to 2021, it rose by 57%. As of the 4th, the average price for a box of 20 kg of potatoes per week was KRW 71,747 (about USD 55.67).
German foreign minister says alternative export routes are urgently needed as wheat price soars
World's second-largest producer of wheat announces ban amid shortage caused by war in Ukraine
That’s about 18% less than the 13.1 million acres of corn that Ukrainian farmers planted last year, according to data from USDA’s Foreign Agricultural Service.
Russia's war on Ukraine has sent grain prices skyrocketing - a worry for consumers worldwide but potentially a boon for producers like Argentina, which hopes an influx of soybean "agridollars" will boost its faltering economy.
Ukrainian farmers started working in their fields amid the ongoing Russian invasion of the country. The European Council accepted a decision to instruct the European Commission to support Ukraine's agriculture and food security following a meeting held on 24-25 March 2022 in Brussels.
The Horn of Africa is experiencing one of its most severe droughts in recent history, with more than 15 million people acutely food insecure in Ethiopia, Kenya and Somalia.
Ukraine’s grain exports have reached 46 million tonnes so far in the 2021/22 July-June season, the agriculture ministry said on Thursday. The ministry said the volume included 132,000 tonnes exported in May. It did not give a final figure for April but had exported 763,000 tonnes through April 29.
An official said despite the extra income from these additional crops, farmers are still having to cut back investment in their coffee trees Vietnam, which buys large amounts of fertiliser from Ukraine and Russia, is the world’s biggest grower of the robusta variety used in instant drinks and espressos
Somalia’s inflation is expected to surge past 10% unless the country gets good rains over the next two months to help ease pressure on food prices after losing wheat supplies from Ukraine, according to a top official at its central bank.