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Over 20 Million Tons Of Grain Are Stuck In Ukraine. What Does That Mean For The World?

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Over 20 Million Tons Of Grain Are Stuck In Ukraine. What Does That Mean For The World?

Countries in the Middle East and Africa desperately need wheat. But Russian troops have trapped it in Ukrainian ports. Why is this a global problem?

Editor’s Note: At 2:20, this video failed to highlight Portugal as a member of the EU. Insider regrets the error.

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Over 20 Million Tons Of Grain Are Stuck In Ukraine. What Does That Mean For The World? | Big Business | Business Insider

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25 COMMENTS

  1. It s silly that everybody blindly blames Russia. Severe sanctions were made against Russia, so “answer” in a similar manner was made to west. The only exit from this situation is to confirm Russia’s geopolitical and economical interests and begin process of negotiations. But actually somehow for politicians it s much easier just continuing to blame Russia for everything and make aaall people around the world, including Ukrainians and Russians, suffer.

  2. "In 1930th Stalin ingeneried famine by confiscating ukrainian wheat"
    In now days the world leaders all together ingeneried famine creating war in Ukraine . DON'T TRY TO CONVINCE ME THEY COULD NOT STOP THIS WAR IF THEY REALLY WANTED, unless it's needed to blame for everything what is ahead of us, convince us that there's no other way, then what they prepared for future to offer the population of the world.

  3. If US reduce grain fuel production, who gonna to pay the rocketed high price gasoline? Of course we must help people who is out of food, but not by harming others.

  4. Meanwhile as an Indian me feeling great about the 5 year plans from 1950-55 to make India self reliant in terms of food grains after seeing USA giving us livestock grains when shortage was being faced during that time. 🇮🇳🫡

  5. The thing is that we are not fools to send our buffer stock to nations. In 1950s when we asked USA for grains then we were given the option of buying grains that is fed to livestock or going away. Furthermore we save tens of billion in dollars by converting our grains into biofuels like ethanol and biodiesel rather than importing it from Middle East. Also we have to keep prices steady not even thinking about people from different countries because India comes first.

  6. only if Biden had taken russian offer of letting the ukraine's wheat go in market in exchange of reduction of sanctions, but biden considers crippling russia on the cost of starvation of humanity

  7. What about when USA invade Irag, bomblast for decades in Iran, more than Million people killed in the name of peace keeping and savior of the world USA. The USA only knows his interest and weapons business, nothing else.

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