Import market for Wheat in Turkiye (6월, 2022)

A significant development has unfolded with the first merchant ship leaving the occupied Ukrainian port of Berdyansk, marking a potential break in the blockade that has disrupted global wheat trade, including 10% of the world's supply. This event could stabilize cereal prices and provide relief to needy countries teetering on the brink of food crises. The conflict has led to a 34% increase in food raw material prices globally within the past year, sparking speculation and causing instability in financial and commodity markets. Amidst this crisis, Italy, heavily dependent on imports for its food needs, is urgently calling for increased self-sufficiency through strategic investments in agriculture, technology, and environmental sustainability to mitigate the larger crisis affecting global food security.