Agrifood

Wheat prices to jump by a third if Russian exports halve, warn OECD, UN

Wheat prices are set to skyrocket by 34% in the event that exports from Russia are halved, and will rise by 19% if exports from Ukraine are cut completely, according to the latest predictions from the world’s major food and development organisations.

The report paints a sombre picture of the coming decade, highlighting a range of fundamental challenges the sector faces, including climate change and population growth. [SHUTTERSTOCK]

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Natasha Foote Euractiv 29-06-2022 16:54 3 min. read Content type:

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Updated: 29-09-2024