Yesterday, July 7, the fourth discussion was held on the topic “100 days since the invasion of the Russian Federation: the current state and prospects of food security of agricultural markets in the world”, which is held as part of a series of online events “Will the full-scale invasion of Russia into Ukraine change agricultural markets?”, which is designed to draw attention to the consequences of Russia’s more than 3-month war against Ukraine. The event was attended by the leadership of the “State Soil Protection” State University.
Organizers of the series of panel discussions: Center for Food and Land Use Research of the Kyiv School of Economics (KSE Agrocenter, Ukraine), Leibniz Institute for Agricultural Development in Transitional Economies (IAMO, Germany), Wageningen University and Research Center (WUR, Netherlands ) and the German-Ukrainian Agricultural Policy Dialogue (APD, Ukraine).
The full-scale military aggression of Russia against Ukraine brought serious problems to the Ukrainian agricultural economy. Airstrikes, occupation and active hostilities taking place mainly in the Southern, Eastern and Northern regions pose a serious threat to the 2022 sowing and harvesting campaigns.
In recent years, Ukraine has become an important player in the world agricultural markets. Today, on world markets, it accounts for almost 10% of world wheat exports, 15% of corn exports, and more than 15% of barley exports. If we consider sunflower oil, Ukraine accounts for about 50% of world exports. In addition to trade in grain and oil crops, Ukrainian agriculture plays an important role in both domestic and global food security.
Russia, in turn, is also one of the major suppliers of grain and oil on the world market: 18% of the world export of wheat and 25% of the world export of sunflower oil. Due to current and potential economic sanctions, Russia itself may face disruptions in agri-food supply chains.
Experts considered damages and losses in the agriculture of Ukraine, the impact of the war on domestic, global and regional food security, analyzed current and future events in agricultural markets around the world and its individual regions.
The event was simultaneously translated into German and Ukrainian.