After all, while the ports are currently not accessible, another transport route might still be open: the Ukrainian state railway announced that it would bring grain by train across the border to EU ports, despite the fighting.
Nevertheless, buyers of Ukrainian wheat fear an emergency. Egypt, for example, gets 80 percent of its wheat from Russia or Ukraine. Lebanon and the civil war country Yemen are also dependent on the supplies. The war is now also driving prices on the stock exchange to new highs. The price for a ton of wheat on the Matif futures exchange in Paris was already over 420 euros. For many countries, these sums are hardly affordable. The German Agriculture Minister Cem Özdemir (Greens) therefore called together the agriculture ministers of the G7 countries on Friday. They now want to work out a plan once morest the wheat emergency.
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