How War in Ukraine Complicates the Global Grain Trade

How War in Ukraine Complicates the Global Grain Trade

Assessment

Interactive Video

Business, Other, Social Studies

University

Hard

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The transcript discusses the impact of Russia's war on the global grain trade, highlighting the challenges Ukraine faces in exporting its grain due to closed Black Sea ports. It explores alternative export routes like rail, which are less efficient. The discussion also covers emerging trade flows, with India stepping up as a wheat exporter and countries like Spain and China turning to the US for corn. The transcript concludes with concerns about future trade and harvests, with a significant drop in trade expected this season.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role is India playing in the global wheat market currently?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for Ukraine's grain production and sales in the upcoming summer harvest?

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