Ukraine’s grain exports have slumped significantly since Russia invaded the country and closed off its Black Sea ports, pushing up global food prices and prompting fears of shortages in Africa and the Middle East.
In the first four months of this year, Brazilian agribusiness exports totaled US$31.40 billion, marking a 5.9% increase year-on-year. The growth of agribusiness exports resulted in an increase in volumes 11.1%, while the index price suffered a drop of 4.7%.