The invasion of Ukraine by Russia has put the world’s wheat and grain markets in jeopardy, forcing nations that rely on imports from the area to seek other supplies and raising fears of food inflation and poverty.
Grain shipments from Russia are likely to be interrupted for the foreseeable future. Since February 24, Ukrainian ports have been blocked. As a result, the conflict has shut off a breadbasket that accounts for about a fifth of the world’s wheat commerce and nearly a quarter of global maize traffic.
In addition, depending on the fate of the invasion, supplies from Ukraine and Russia for the coming seasons may be jeopardised. Both nations are about to begin grain planting in the spring.
This will in no doubt hurt poultry farming. Ports that ship wheat and other agricultural essentials throughout the world to be processed into animal feed are currently shut down.
Poultry farmers will either have to buy the grains at a more expensive price or would not have access to the needed grains and ingredients to make poultry feeds by July.