Over the past two decades, the Black Sea region has exhibited significantly growing wheat production and exports. In … 2017/18, Russia ultimately became the world’s largest wheat exporter, a position that was held by the USA for decades … to ensuring regional and global food security. However, the Russian wheat export market shows several characteristics …

estimates of agricultural distortions to assess its contribution to the price spikes in 1972-74 and 2006-08 for rice and wheat …. The analysis suggests that 45 percent of the increase in rice prices in 2006-08, and 30 percent of the increase in wheat … does offer some benefit for the wheat market where non-developing countries account for 27 percent of consumption …