Russia has harvested this 12 months about 5.8 million tons of Ukrainian wheat price roughly 1 billion {dollars} in 2022, in keeping with information printed by the US area company (NASA).
NASA’s agriculture and meals safety program, NASA Harvest, is predicated on satellite tv for pc information and fashions produced in collaboration with varied companion companies.
The information signifies that this 12 months some 26.6 million tons of wheat have been harvested all through the Ukrainian territory, a determine considerably greater than initially forecast.
However, this determine is decrease than final 12 months’s file harvest, when 33 million tons had been achieved.
“The evaluation confirmed that 5.8 million tons of wheat had been harvested in areas that weren’t beneath the management of Ukraine. That represents a lack of not less than 1 billion {dollars},” stated skilled Abdolreza Abbassian.
To these information we should subtract 22 % of wheat, which has been grown within the japanese a part of the nation managed by Russia.
Declining international wheat demand and growing provides helped stabilize international wheat costs over the summer time, stated Joseph Glauber, a NASA Harvest adviser and a senior fellow on the Food Policy Research Institute.
“But this doesn’t imply that the meals disaster is over,” Glauber recalled.
“International meals costs stay excessive by historic requirements, markets stay tight and excessive value volatility continues, particularly for wheat,” he concluded.