- Drought and bad weather in Russia have left the country staring at record-low production. This is bad news for key importers including countries in East Africa.
- Russian wheat crop is expected to fall to an 11-year low this season.
- Prices of wheat are expected to rise even higher globally.
The worsening numbers of Russia wheat production are hitting the headlines in East Africa as the region braces for higher consumer prices in 2025. A dip in Russia wheat output poses huge risk to East Africa, a market that heavily relies on imports to plug its own production gaps.
For farmers in Russia, bad weather, is projected to cut their output of the key ingredient that makes a variety of foods for millions in East Africa. As a result, economists project that prices for wheat in East Africa—a key importer of Russian wheat—will soar in the coming months.
In a report …
The post Why East Africa is staring at higher wheat prices in 2025 appeared first on The Exchange.