Sunday, May 8, 2022

Ag Commodities: Ukraine Says It Can Feed Itself This Year, Will Step-Up Exports

From Reuters via U.S. New & World Report, May 5:

Ukraine Has Enough Grain Stocks to Feed Population - Deputy Minister

Ukraine has large enough grain stocks in territory it still controls to feed the population in these areas, and has enough fuel to meet farmers' daily needs, deputy agriculture minister Taras Vysotskiy said on Thursday.

Ukraine said last month Russian forces had stolen "several hundred thousand tonnes" of grain in the areas of Ukraine they have occupied since the invasion began on Feb. 24 and this could affect the food security of local population.

The Kremlin has denied the allegation.

On Thursday, Vysotskiy said, "Today we have about 25 million tonnes of grain and oilseeds in stocks. If we are talking about the temporarily occupied territory, there were about 1.3 million tonnes of grain"....

As if to hammer home the second point, this video has been making the rounds on Twitter: