Ukraine invasion blows grain away, shatters global oil and food sectors
Corn grains fall out of the wagons of the first freight train with corn from Ukraine during unloading at the grain terminal in the port of Rostock. East Africa faces fresh fear of a possible surge in prices of imported wheat. PHOTO | JENS BUTTNER | DPA | AFP
East Africa faces fresh fear of a possible surge in prices of imported wheat, setting a stage for a costly festive season compounded by high fuel prices.
These worries are informed by Russia’s wavering stand on the renewal of a crucial grain export agreement with Ukraine scheduled for November 19.
