Analysis: Russia-Ukraine conflict highlights wheat supply vulnerability

Stalks of wheat are seen at a field in El-Kalubia governorate, northeast of Cairo, March 1, 2022. REUTERS/Mohamed Abd El Ghany/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterMajor exporters holding only one-fifth of wheat stocksChina now accounts for nearly half of global wheat stocksU.S. wheat futures climb to the highest level in 14 yearsPARIS/LONDON, March 3 (Reuters) – The threat to wheat supplies from Russia’s invasion of Ukraine has been exacerbated by a shift in global stocks away from major exporters such as the United States and European Union, undermining their effectiveness as a cushion in times of …
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