The Russia-Ukraine war is exacerbating international food price volatility
- From
-
Published on
30.03.22
- Impact Area

The IFPRI Food Security Portal’s Excessive Food Price Variability Early Warning System is showing excessive levels of price volatility in the four major food commodities: Wheat, maize, rice, and soybeans, as well as for cotton. Markets for hard and soft wheat and soybeans had already been more volatile than normal since late 2021, well ahead of Russia’s invasion in Ukraine, which began on Feb. 24. That conflict, coming on top of the ongoing effects of the COVID-19 pandemic, has already contributed to spiking food prices, with possible major consequences for global food security.
Rising price volatility poses a distinct threat, as it induces greater market uncertainty, which affects production decisions, and can spur speculative behavior. Both would fan further food price inflation. What is driving the current price volatility, and what are its implications for markets and food security?
Related news
-
ILRI-CGIAR poultry research facility: A research and development hub open to the global scientific community
International Livestock Research Institute (ILRI)31.07.25-
Food security
In a world facing mounting food security challenges, poultry research is becoming increasingly impor…
Read more -
-
Niger State Partners with AfricaRice for Transformative Rice Production Growth: Targeting 10 Million Tons by 2030
AfricaRice28.07.25-
Food security
-
Nutrition, health & food security
-
Poverty reduction, livelihoods & jobs
July 22, 2025, Mbé, Côte d'Ivoire – In a landmark visit that signals a new era…
Read more -
-
RDA-IRRI champions climate-smart pest management for sustainable rice production
International Rice Research Institute (IRRI)15.07.25-
Climate adaptation & mitigation
-
Food security
LAGUNA, Philippines (13 May 2025) — IRRI emphasizes prevention and suppression at the recent Inter…
Read more -