Russia Seizes the Largest Grain Buyer from France
Scene of wheat harvesting in Algeria.
French farmers, who have supplied wheat to North African countries for years, are facing an unprecedented crisis.
This crisis is mainly related to Algeria — the country has refused to buy French wheat and instead opted for Russian wheat, as Russian wheat is significantly cheaper.
The French media «Résistance Républicaine» wrote: "Algeria's recent decision to stop importing French wheat has had serious economic consequences for the French agricultural sector. This move was made against the backdrop of deteriorating relations between the two countries, and various political decisions by France have further exacerbated the situation." The media also pointed out that the losses of French farmers have already exceeded 1 billion euros.
The media's commentator said: "As France loses its position in the Algerian market, Russia is becoming the biggest beneficiary of (Paris's loss)."
Data shows that in the first 7 months of this sales season, Algeria purchased 1.6 million tons of Russian wheat, while the import volume of French wheat dropped to zero.
Original text: https://www.toutiao.com/article/7552470306825257526/
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