Items Tagged with 'wheat'

Russia is doing whatever it can to stop Ukraine from supplying some of the poorest nations with its wheat, corn and sunflower seed oil, effectively using “hunger as a weapon of war,” U.S. Agriculture Secretary Tom Vilsack said during his participation at the G7 summit this weekend in Germany.

India on Saturday banned wheat exports in efforts to protect its domestic supply and that’s drawn the criticism of the U.S. and its fellow G7 member countries, says U.S. Agriculture Secretary Tom Vilsack.

The Agriculture Department estimates U.S. winter wheat production will drop 8% this year due to a drought gripping the Plains and that planting delays are likely to cut the corn harvest.

Ukrainian farmers will begin harvesting millions of acres of winter wheat in July, but if Ukraine is unable to export it, the country’s economy will likely collapse and the hundreds of millions of people that depend on receiving that grain will suffer even worse than they are now, United Nations World Food Program Executive Director David Beasley said Wednesday.

Senators are trying to find an agreement on a new Ukraine supplemental spending bill by the end of this week, while Agriculture Secretary Tom Vilsack and other cabinet members head to Capitol Hill for questioning about their spending plans.

FAO's measure of global food commodity prices fell slightly in April, driven by an easing of corn and vegetable oil prices, after jumping 13% the month before following the Russian invasion of Ukraine.

President Joe Biden's $33 billion supplemental funding request for the war in Ukraine includes $500 million to encourage U.S. farmers to increase production of crops such as soybeans and wheat.

The Biden administration will spend $282 million on domestic commodities such as wheat as part of a food aid package for Yemen and five African nations experiencing severe drought and food insecurity, USDA and the U.S. Agency for International Development said Wednesday.