News Overview

KLSE Screener (China) writes in a piece that recently fertilizer and grain prices have fallen globally from their post-Russia-Ukraine war peaks last year. The article explains that agricultural experts and analysts have warned that global food supplies remain under threat from geopolitical uncertainty and climate change. The British “Financial Times” reported that the Black Sea grain agreement provided an important boost to the

Upgrade (Austria) published an article on food production and how experts see the challenges ahead.   With a global population already more than 8 billion and one in ten people suffering from hunger, improving food security amid climate change concerns, requires international coordination and transdisciplinary collaboration, say experts including Charlotte Hebebrand, the Communications and Public Affair director at the International Food Policy Research Institute

Financial Times reports on global fertilizer and crop prices which it writes have fallen sharply since their peaks after last year’s Russian attack on Ukraine. Yet agriculture specialists and analysts have warned that the world’s food supplies are still under threat. Food prices were already elevated before Russia’s full-scale invasion of Ukraine early last year, due to droughts and coronavirus pandemic-related hoarding

Pakistan has been dealing with food insecurity for a while. Heavy rains have claimed many lives and damaged and destroyed public infrastructure, writes Action Contrela Faim in a report on climate crises in the country. In Pakistan’s southwest province, Balochistan, a heatwave followed by heavy, monsoon rains inflamed an already disastrous situation leading to catastrophic agricultural production and significant livestock losses. This ongoing disaster

by Charlotte Hebebrand OPEN ACCESS | CC-BY-4.0 Substantial increases in biofuel production were thought to have contributed to the steep food price spikes witnessed in 2007-08. Now, with global food prices down from recent peaks but still high, the “food vs. fuel” question—the issue of how biofuel production affects food supplies and food price inflation—is being revisited. To explore this important

After last year’s rampant food inflation, a drop in prices of goods from wheat to fertilizers is raising hopes for some respite in 2023. But multiple risks remain, writes Bloomberg in its newsletter on food prices. “Food prices will probably climb this year unless there’s major debt relief and financial support from the international community, the International Food Policy Research Institute warned this week.

El País, in an article about the food crisis in Egypt, quoted IFPRI findings from a recent issue post in the High Food & Fertilizer Prices and War in Ukraine series and interviewed Sikandra Kurdi, IFPRI research fellow based in Cairo, one of the coauthors. The economic shock caused by the war in Ukraine – nearly 85% of wheat imports came to Egypt from Russia and Ukraine before the war

The Irish Examiner published an op-ed by John Whelan on food prices. He writes that Ireland’s food and drink exporters are thinking about where things will stand in 2023. The rampant increase in exports last year as reported by Bord Bia was mainly driven by the sector pushing up prices. This is unlikely to continue in the year ahead, as buyers at home