4 Hrs
Source:
Le Monde
Ukraine Russia Grain War
Russia’s maritime blockades, looting and attacks on cargo ships have disrupted grain supplies and turned exports into a tool of diplomatic pressure, threatening global food security. In the week of October 19, Egypt bought five shipments of European wheat, its first public-sector purchase for subsidized bread since May, as reserves dwindled despite a forecast record harvest of 10.2 million metric tons in 2026. Wheat cost $300–$400 per metric ton, about $100 more than a year earlier, while Ukraine and Russia supplied nearly 84% of Egypt’s wheat imports from January to August.
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