Food prices were near record highs even before the Ukraine war started, says research center (CNBC Internationa)
- From
-
Published on
29.06.22
- Impact Area
Food prices were near record highs even before the Ukraine war started, says research center (CNBC International)
CNBC International produced a video featuring senior research fellow Joseph Glauber. Glauber discussed the tight markets (due to decreased stockpiles and high food prices) that were already in place prior to the Russian invasion of Ukraine. The markets are very much focused on the Northern Hemisphere crops just planted and those coming to harvest this month. The market is focused on what will come out of these regions (US, Black Sea, the rest of Europe). The poorest countries will suffer the most. MENA consume a lot of wheat. Many of those countries that can, will subsidize, but countries like Yemen will have a harder time. Several more million people will experience hunger. This can also be found on Twitter.
Related news
-
SOILutions for Security: CGIAR at the 2025 Borlaug Dialogue
Multifunctional Landscapes Science Program22.10.25-
Biodiversity
-
Environmental health
-
Environmental health & biodiversity
-
Food security
-
Nutrition
From October 21–23, CGIAR will join global partners in Des Moines, Iowa for the 2025…
Read more -
-
Nigeria Commits to Boosting Soil Health for Food Security
Sehlule Muzata20.10.25-
Climate adaptation & mitigation
-
Food security
Nigeria, Africa’s fourth-largest economy and a key food producer, is launching the Presidential So…
Read more -
-
Infinite Leadership and Market Intelligence in CGIAR Breeding
CGIAR Initiative on Market Intelligence20.10.25-
Food security
Matty Demont (IRRI), Berber Kramer (IFPRI), Robert Andrade (Alliance Bioversity-CIAT), Melanie Conno…
Read more -