Global food crisis looms amid conflict in Ukraine
(NewsNation) — As food prices continue to soar, the conflict in Ukraine is impacting the global food supply and agricultural production, and food experts say a global food crisis is on the horizon.
According to the International Food Policy Research Institute, Russia and Ukraine supply 70% of the world’s sunflower oil, 30% of the world’s wheat and 15% of the world’s corn.
But with U.S. sanctions against Russia and Ukraine, along with farm fields being in a war zone, there will soon be a larger reliance on American farmers. However, the problem is that with rising production costs and major supply chain issues, those farmers are hurting, too.
Since the coronavirus pandemic started, many farmers have been struggling with supply chain shortages.