MKM East on Grain and Maritime Days in Istanbul

News

Today our MKM East representatives Alihan Cetin and Melih Bilici participate in Grain and Maritime Days annual conference, which this year moved to Istanbul.

Today participants and grain exports will discuss the most pressing issues of world grain trade and logistics as there are many questions with no answers.

2022 is a year of dramatic changes in the global food and grain market, primarily as a result of Russia's military invasion of Ukraine. The war in Ukraine has affected all sectors of the global economy, including energy, finance, agriculture, logistics, etc. The reduction in export supplies and the disruption of supply chains have jeopardized food security in countries most dependent on Black Sea grain imports. Together, Ukraine and Russia exported about 30% of all wheat and about 18% of corn in the world. According to analysts, more than 400 million people in the world depend on grain supplies from Ukraine alone. And the risks Ukraine faces during the 2022/23 sowing campaign further increase the tension on the global market.

 MKM East on Grain and Maritime Days in Istanbul    MKM East on Grain and Maritime Days in Istanbul

MKM East on Grain and Maritime Days in Istanbul