Gelonghui, May 19 丨 China's starch surged 9%, Bishengyuan (new) rose 3%, and Dacheng Sugar rose more than 1%.
Ukraine's Minister of Agricultural Policy and Food said that Ukraine's grain production is likely to drop by 50% this year, and the planting of wintering crops will also be seriously affected. The international community should be prepared to increase the price per ton of wheat from the current $430 to $700. According to the International Fund for Agricultural Development, the Russian-Ukrainian conflict puts the food security of many countries at risk.