Food insecurity increases with man-made disasters (AgWeb, Farm Journal)
AgWeb published an article that the cost of cooking is increasing because much of the world is on the brink of a shortage of edible cooking oil. Suddenly, we have less than we need—and most of this growing problem is man-made. The immediate cause of our cooking-oil crisis is Russia’s invasion of Ukraine, which exports more sunflower oil than any other country—about half the planet’s production, in fact. Ukraine and Russia combined account for three-quarters of the world’s sunflower oil. According to IFPRI, (see blog post, The impact of the Ukraine crisis on the global vegetable oil market). These supplies are suddenly unavailable in the quantities we’ve come to expect. The price of sunflower oil has leaped by more than 40 percent since the war started in February.