Thursday, September 21, 2023

Poland cuts aid to Ukraine

Poland is cutting its military aid to the Ukraine because grain is flooding into its markets and depressing prices.

Grain from the Ukraine needs to move overland because Russia is refusing to renew an agreement to allow ships to carry it through the Black Sea to eager buyers in Africa and Asia.


Ukraine is one of the world’s biggest producers of wheat and sunflowers and its grains industry is the backbone of the Ukrainian economy.


After refusing to renew the export deal, Russia has bombed grain facilities at Odessa and along the Volga River, giving Ukraine little choice but to market overland through other countries, mainly Poland.


Poland’s farmers have been complaining, prompting the political response this week.


Oh my! The power of a farm lobby.