Facing a Wheat Crisis, Countries Race to Remake an Entire Market on the Fly

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As the Russian invasion of Ukraine strangles global wheat markets, will it be India to the rescue?

The war in Ukraine was barely a month old when Augusto Bassanini, chief executive of United Grain Corp., received an unusual signal from the global wheat market.

The Washington-based grain exporter, owned by Japanese trading company Mitsui & Co., normally routes its products across the Pacific Ocean to Asia. In March, though, an Egyptian importer that hadn’t done business with United in two decades booked 60,000 tons of wheat to be shipped from the Port of Vancouver in Washington through the Panama Canal and across the Atlantic Ocean—thousands of miles farther than Egypt’s principal grain suppliers, Ukraine and Russia, and at a far higher cost.

 

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Morocco too will come to the rescue!!

The last article you published decreed there was no solution.....but wait.....

The ghost of Bankovaya street. “Few people know about it, but Zelensky carried 20 US Marines guarding him out of the fire during the first shelling of Kyiv.”

Despite India's good economic performance, more than 200 million people are still food insecure, making India the country with the largest number of people threatened by hunger in the world. India is ranked 66th in the Global Hunger Index (88th overall).

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