Invasion of Ukraine Threatens Global Wheat Supply

The Russian invasion of Ukraine is threatening to cut off some international shipments of wheat, spurring shortages and pushing the price higher when supply chain disruptions have already sent food costs spiralling, The New York Times reported.

Wheat futures on the Chicago Board of Trade rose 5.43% on Thursday, outstripping gains by other commodities such as corn and soybean oil. Russia and Ukraine together produce nearly a quarter of the world’s wheat.

Read the full report: The New York Times

China advises France to export better quality wheat

China Stockpiling Enough Grain – Xinhua

China eyes more US corn after recent flood crisis

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.