Russia and Ukraine continue to attack each other’s port infrastructure, blocking shipments from the « breadbasket of Europe » and driving up wheat prices. The two nations together produce around a quarter of global grain exports, with nearly 100 million metric tons exported in the year to June. Recent military strikes on grain export facilities in the Black Sea have made it too difficult for shipping companies to obtain insurance, causing most to avoid these ports. Analysts warn that high costs for farmers, from fertilizers to fuel, could lead them not to plant this winter, further exacerbating global food insecurity.
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