Free Trial

Guterres: Global Food Markets Beginning To Stabilise

WHEAT

Comments hitting wires from UN Sec-Gen Antonio Guterres following a trilateral meeting with Ukrainian President Volodymyr Zelensky and Turkish President Recep Erdogan.

  • Guterres: "We have seen signs that global food markets are beginning to stabilise."
  • Guterres: "Getting food and fertiliser out of Ukraine and Russia in larger quantities is crucial to further calm commodity markets and lower prices."
  • Guterres says that the global food crisis cannot be averted without ensuring, "full access to Ukraine's food products and Russian food and fertiliser."
  • On the other focus of the summit, the potential nuclear crisis at the Zaporizhzhia nuclear power plant, Guterres says the United Nations is, "gravely concerned," and calls for efforts to ensure the facility is not the site of military operations.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.