Bloomberg: due to the influx of Ukrainian grain in the EU countries, governments may change

12:02 02.04.2023 Politics

Due to the influx of Ukrainian grain into the countries of Eastern Europe, agricultural producers and farmers are losing profits, which may be the leitmotif of political change. It is reported by Bloomberg.

Bloomberg notes that after the outbreak of hostilities in Ukraine, the countries of Eastern Europe became a transshipment point for transporting agricultural products stuck in Ukraine, but grain is almost never sent to the poorest countries, but settles in the already almost full European storage facilities.

The article says that at the very beginning, the countries of the European Union stocked up on grain due to the threat of its shortage against the backdrop of the Ukrainian crisis, but after the signing of the grain deal, a record harvest in the Russian Federation, as well as a fall in global demand, prices for agricultural products fell. All this, according to the publication, reduced the cost of products for farmers in Eastern Europe, but at the same time, the cost of fertilizers and electricity continued to grow.

According to Bloomberg, if the volume of Ukrainian deliveries to the EU countries is not limited, then "riots" of farms may arise. The article mentions a recent case in which a group of disgruntled farmers threw eggs at Poland's agriculture minister, Henryk Kowalczyk, who over the summer advised producers not to sell their grain because he thought prices were "unlikely to fall."

It is noted that farmers can influence the political situation not only in Poland, but also in Slovakia, Romania and Bulgaria. Parliamentary elections are to be held there soon. Bloomberg emphasizes that, according to polls, ex-Prime Minister Robert Fico, who opposes anti-Russian sanctions and does not support the supply of weapons to Kyiv, is in the lead in Slovakia. At the same time, the article says, protests by local farmers continue in Romania and Bulgaria.

Earlier, Bloomberg reported that Ukraine could lose the support of Europe due to problems with grain.

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