
"Fertile soils, vast arable land and a history of feeding empires and global markets helped Ukraine become known as the "world's breadbasket." With 41.3 million hectares (102 million acres) of farmland, two-thirds of which is covered by so-called black soil the world's richest soil the country yields high crop productivity with minimal inputs from fertilizers, irrigation, labor and heavy machinery."
"Before Russia's full-scale invasion of Ukraine in February 2022, agriculture made up 41% or $27.8 billion (23.98 billion) of Ukraine's export revenue in 2021, according to the US Department of Agriculture (USDA), so the war was devastating both for the domestic economy and for global food security. Moscow's forces seized large swathes of arable land, while a Russian naval blockade, missile strikes and mined waters halted nearly all shipments through Ukraine's primary export route, the Black Sea."
"Export volumes nosedived by over 90% in the first three months of 2022, compared with the previous year, triggering global food price spikes and deepening hunger crises in import-dependent countries. Natalia Shpygotska, senior analyst at Kyiv-based investment house Dragon Capital, noted that before the invasion, Ukraine accounted for around 8% of global wheat exports, 13% of corn and 12% of barley exports. It also supplied 40-50% of the world's sunflower oil."
Ukraine possesses 41.3 million hectares of farmland, two-thirds covered by fertile black soil that yields high crop productivity with minimal inputs. The country historically supplied large shares of global wheat, corn, barley and 40–50% of sunflower oil, feeding empires and international markets. Before February 2022 agriculture accounted for 41% of export revenue. The full-scale Russian invasion seized arable land, imposed a naval blockade and mined waters, halting Black Sea shipments and causing exports to fall over 90% in early 2022. The disruption drove global food price spikes and worsened hunger in import-dependent regions. Subsequent efforts by the UN and Turkey helped resume some grain exports.
Read at www.dw.com
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