The war in Ukraine is still impacting our markets, although less so than when we last met. Soaring prices peaked on May 17, and prices have been dropping since but are expected to climb again. The situation in Europe and Asia will cause shortages.
To answer your first question, I would say that Ukraine's agricultural production dropped by nearly 50%. Normally, the country produces enough to feed almost 400 million people around the world each year. The sanctions against Russia and Ukraine are affecting wheat production, which represents 25% of exports. Wheat accounts for roughly 15% of the calories consumed planet-wide. Those shortages will have to be addressed. Over the next few months, North Africa and the Middle East will experience famine.
Your second question had to do with developing countries. As for the UN program, this week in Rome, we submitted a report clearly showing that the number of people in the world who will unfortunately face famine is expected to rise. It's due to the economy, as well as to the fact that there will be less food for those people. It's doesn't look good at all.
I forgot your third question.