Possible aggression on the part of Russia could radically change the situation both on the domestic and foreign agricultural markets. In particular, due to the possible blocking of ports, about 400 million people in the world are at risk of experiencing food shortages.

This is discussed in the material “If there is war tomorrow. We learned from agrarians, port workers and traders how they are preparing for a possible Russian aggression” on Latifundist.com.

So it is noted that the Ukrainian ports belong to the objects that will be primarily under the gun of the aggressor. Recently, analysts from the Kiev School of Economics analyzed the main economic and security risks for Ukraine during the winter-spring of 2022 for the Ukrainian Forbes, where they indicated that “the Black Sea ports of Ukraine may be one of the priority targets of Russia’s aggressive actions.”

"The hypothetical blocking of Ukrainian ports will hit the food security, literally the plate and refrigerator of almost 400 million people in different countries - and no one in the world wants to let this happen," TIS shareholder Andriy Stavnitser said in a Facebook post today.

It is also noted that the tension between Ukraine and Russia at the level of headlines provokes an increase in wheat prices. Both countries, especially their northern neighbors, are important market makers in grain.

“Question number 1 in the context of possible aggression is sanctions against Russia and the opportunity to trade. That is, a warning from potential importers that one of the key players in the wheat market may be excluded from the game or they will simply not risk buying from him. Secondly, it may affect us as well. If hostilities take place at sea, the infrastructure will stop, and we will not be able to ship for export. This aggravates the situation, and, accordingly, the price of wheat has been growing for the last week and a half,” says Yuriy Gavrilyuk, director of Barva Invest.

SuperAgronom.com