War and weather sent food prices soaring. Now, China’s harvest is uncertain (New York Times)
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18.05.22
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War and weather sent food prices soaring. Now, China’s harvest is uncertain (New York Times)
New York Times published an article on how Ukraine’s wheat exports have been mostly halted since Russia’s invasion, while drought has damaged crops in India and the United States. China’s upcoming harvest is another concern. According to senior research fellow Joseph Glauber, “China has a sizable stockpile of wheat for emergencies. But some of the wheat may be fit only for animal consumption given the poor storage.”
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