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UN envoy Martin Griffiths warned that 51,000 tonnes of UN wheat and milling equipment at Hodeidah's Red Sea Mills risk rotting without access. The stores could feed 3.7 million people for a month and have been inaccessible for over five months.
Access is part of ongoing Yemen peace talks.
Humanitarian food stocks in Yemen are small relative to global wheat trade, so the impact on world wheat prices is negligible; it mainly signals food-aid demand uncertainty.
thenationalnews.comThe NationalFeb 11, 2019After 38 past neutral geopolitics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +1.5%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
