Ukraine Drone Attacks Threaten Global Food Security, Grain Lobby Warns
Russia's main grain lobby group has sounded the alarm over Ukraine's drone attacks on Russian ships and ports in the Black Sea, warning that they could shut down grain exports and push up global food prices.
The Union of Grain Exporters and Producers said Ukrainian attacks on dry cargo vessels and port infrastructure pose a 'direct threat to global food security', with consequences felt by many countries soon.
A significant damage has been inflicted on a major grain export terminal at Russia's port of Taman, according to an agricultural market source. The Russian grain union warned that Ukraine's 'systematic attacks' could lead to a complete blockage of export corridors in the Black Sea basin.
The crisis is expected to impact global food supplies, particularly in Africa and the Middle East, which rely heavily on imports from the Black Sea region. The shortfall in supply of Russian wheat to other countries this season could reach 30-35 million metric tons, accounting for around 15% of total global wheat trade.