The increased Ukrainian grain export is causing problems for Hungary
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The increased Ukrainian grain exports have badly affected the EU agricultural market. Therefore, member countries, including Hungary, are turning to the European Commission for a solution.
Last year, the world market price of wheat rose by 60 percent
Last year, the world market price of wheat rose by 60 percent in three months due to the Russian sea blockade of Ukrainian grain shipments, writes mandiner.hu. The food crisis mainly caused concern for the poorer African and Asian countries, so the Western states seized all possible means to get the shipments out of Ukraine. However, with the stabilisation of the situation and the partial reopening of Ukrainian ports, the issue of Ukrainian grain exports became even more complicated.
Ukraine’s export of grain and oilseeds to Hungary increased significantly
The Hungarian minister held discussions with several EU agriculture ministers about the agricultural market situation in the European Union as part of the International Green Week in Berlin. The main reason for the consultation is that despite the partial reopening of Ukrainian ports in recent months, Ukraine’s grain and oilseed exports to Hungary and other EU member states neighbouring Ukraine have increased significantly, causing serious supply chain issues in these countries, repotrs portfolio.hu.
