Russian war of aggression: Kremlin insists on maximum demands for peace with Ukraine – policy

UN expect world grain harvest to be close to last year’s level

Despite the war in Ukraine and expensive fertilizers, the United Nations estimates that the world grain harvest this year will be only slightly lower than in 2021. So far, 2.785 billion tons are expected, which would be around 23 million tons less than in the previous marketing year, said Josef Schmidhuber, economist at the UN agricultural organization FAO in Rome. “That’s a very small difference, and really only a rough estimate at the moment.”

The world grain harvest includes wheat, corn and rice. The Ukraine war has both reduced the supply of wheat on the world market and contributed to a shortage of fertilizer, which is important for crop yields on many soils.

“Worldwide, fertilizer use has fallen in the past marketing year, by about 1.6 percent”, said the deputy chief of the Department of Markets and Trade of the UN organization. In a long-term comparison, the effects of the international financial crisis were more serious: “But that’s still little compared to the 2008/2009 financial year, when we had a contraction of over eight percent.” (dpa)

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