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Wheat crisis: "Speculators consider it's time to buy"

Audio 06:39

The last two good harvests of 2020 and 2021 have given wings to New Delhi, which has increased its exports significantly, half of which, however, last year was destined for one buyer, Bangladesh.

© Anindito Mukherjee/REUTERS

By: Florent Guignard Follow

The price of wheat, at its highest since the war in Ukraine, broke a new record on the European market after India announced an embargo on its grain exports.

Interview with Nicolas Bricas, food socio-economist at the Agricultural Research Center for Development (CIRAD). 

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A decision that will “ 

 ” in grain supply, the G7 is alarmed.

Rising prices and shortages thus pose a risk of famine and social unrest, particularly in the poorest countries which massively import their grain needs.

Nicolas Bricas is the co-author of

, (Quae editions). 

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