Maud Descamps, edited by Laura Laplaud 11:25 a.m., February 28, 2022
These are two heavyweights in agricultural production: Russia and Ukraine massively export cereals but also fertilizers to Europe.
The war between the two states could therefore have repercussions on the price of agricultural materials in France, but also on the supply of certain products.
While the Agricultural Show is in full swing in Paris, the consequences of the Ukrainian war could be numerous and have an impact on our economy.
They could for example have repercussions on the price of agricultural materials in France but also on the supply of certain products.
Impact on the price of wheat
If France imports and exports very little Russian and Ukrainian agricultural materials, the conflict between these two parties is not without impact on the price of cereals, in particular wheat.
The price of a tonne of wheat set records this weekend, reaching more than 340 euros.
Never seen.
Many buyers who usually work with Ukraine or Russia have turned to French cereal producers.
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This rise in wheat prices has a strong impact on the food industry.
Pasta manufacturers, for example, are forced to buy wheat at a high price.
But the concern today is above all about the supply of fertilizers, explains Natan Cordier, from the consulting firm Agritel, present in France and Ukraine.
"Nearly 25% of all fertilizers imported into Europe come from Russia, so we can imagine that sanctions will also be taken against Europe by Russia, by limiting the flow and export of 'fertilizer to the old continent.
Another impact to fear is the supply of sunflower oil, mainly imported from Ukraine and which could run out in the coming months on the shelves of our supermarkets.