Global agricultural, cereal prices up: World Bank (Daily Star)
- Impact Area
The Daily Star (Bangladesh), in its report about the latest World Bank’s food security update, quotes a recent IFPRI analysis which outlined eight major remaining concerns for global food security: historically high commodity prices, tight staple food markets, the impact of the war in Ukraine on spring planting, volatile fertilizer markets, adverse climatic conditions, global economic slowdowns, high food price inflation, and macroeconomic trends.
“A blog by the IFPRI on the impacts of restrictive trade measures suggests that, although pressures that led to export restrictions have eased, and prices of key commodities have mostly fallen to pre-war levels, the Russia-Ukraine war continues, and markets remain volatile, raising concerns that countries could impose further restrictions.”
(See IFPRI blog post, Is food price inflation subsiding?)