As the world's two leading grain exporters - the United States and Russia - both faced droughts which already drove wheat and corn prices to a record high since 2008, rising grain costs have become an escalating global concern.
In Ukraine, a key grain exporter in the Black Sea region, a heatwave has forced experts to slash this year’s grain harvest estimates, which, in turn, may affect global grain price, reads China.org.cn website.
A severe drought with temperatures reaching 40 degrees Celsius has hit grain-growing areas in Ukraine, in particular in its southeastern and eastern regions, and the Ukrainian government is expected to slash the target of the country’s crop turnout for this year.