Ukraine photos in outline map of the nation (Howard G. Buffett Foundation) |
Illinois farmer and philanthropist Howard G. Buffett (son of Warren Buffett) is in Ukraine working to help farmers through his foundation, a global entity that works to mitigate human suffering. Buffett told Griffiths, "A lot of farmers are fighting on the front line and die on the front line, which has a huge impact on how you continue to function in your agricultural sector. This isn’t just a war on civilians, this is a war on agriculture. If people cannot feed themselves. . . . it breeds conflict. When Ukraine fails, in terms of their ability to produce agricultural products, the world becomes less safe."
Ukraine is in green. (Wikipedia globe) |
What's unfolding in Ukraine is difficult for American farmers to imagine. “There are landmines on hundreds of thousands of acres,” Buffet told Griffith. “More than $4 billion worth of commodities have been stolen; there’s infrastructure damaged and 84,000 pieces of farm equipment have been destroyed, and it’s not stopping. . . . Mykola Solskyi, Ukraine’s minister of agrarian policy and food said the country’s cultivated areas have decreased by about 25%. . . . Solskyi said, “There are areas farmers cannot cultivate . . . . A considerable amount of land is polluted with explosives.”
"This year, Buffett says his goal is to spend $300 million in support of Ukrainian agriculture. That includes finding ways to provide lower interest rates for loans and moving equipment and inputs to areas in need," Griffith reports. "With a global lens, Buffett has witnessed how important Ukraine is to world stability. For him, it outweighs potentially lower prices when he hauls corn to the elevator in Decatur, Ill." Buffett told Griffith, “I know some farmers think they’re a competitor. That’s natural. If you want to think that way, that means your neighbor is also your competitor. Yet, we don’t treat our neighbor like they’re our competitor; we treat neighbors like neighbors.”
No comments:
Post a Comment