(Rome=Yonhap News) Correspondent Min Gyeong-rak = It is said that the grain export capabilities of both countries this year have been virtually paralyzed due to the escalating fighting between Russia and Ukraine over the Black Sea region...
Attacks on ships and ports in the Black Sea are disrupting grain exports from Ukraine and Russia. Ukrainian exports fell 76 percent year-on-year in August. Together, the two countries supply about a third of the world's wheat. The naval war is now driving up the price of wheat, raising concerns about further food price hikes.