News Overview

A cooldown amid record heat? US rejects duties on Russian fertilizers, EU softens sanctions on Russian banks (Food Ingredients) Food Ingredients published an article stating that some recent moves give food markets some optimism. The US International Trade Commission (ITC) has rejected duties on urea ammonium nitrate fertilizers from Russia, alleging that they don’t harm US producers. The EU is unfreezing funds from

Gas crisis now hits fertilizer, threatens food security (Business Standard News) Business Standard News published an article stating that experts fear a food crisis if the situation continues or worsens and farmers do not get a timely fertilizer supply.  A shortage of gas supply is also taking its toll on fertilizer production in India and threatening kharip crops there. India’s

Is organic farming to blame for Sri Lanka’s crisis? (Politico) Politico published an article that looks at organic farming as a possible culprit for the dramatic implosion of Sri Lanka’s economy.  While Rajapaksa’s abrupt ban on chemical fertilizers did jolt farmers, senior research fellow David Laborde says yields didn’t fall so precipitously that it would have dented exports that much.

Working together to prevent potential food crises (Yahoo) Yahoo Indonesia published an article stating that the war in Ukraine has the potential to create a severe food crisis that could lead to starvation for many people in various parts of the earth. According to IFPRI, Russia and Ukraine are producing countries for 30-40 percent of the world’s wheat. Republished in

The real reason the price of margarine has skyrocketed (Tasting Table) Tasting Table published an article stating that many products and commodities are seeing lower prices, down from their highest highs, senior research fellow Joseph Glauber says he doesn’t see food prices overall going down anytime soon. “It [prices] still seems to be increasing…Fruits and vegetables are up about 8

Protests spread to Panama as inflation, gas prices strangle developing world (Daily Wire) Daily Wire published an article about how widespread protests have gripped Panama for weeks as residents grow frustrated over high gas prices and rising inflation. News of the protests in Panama follows a collapse of the government in Sri Lanka, which occurred as residents grew frustrated over

What is food security? (State Department) State Department’s (Stories) published a blog post on what food security is. Having enough safe and nutritious food to eat. According to IFPRI, almost a third of the world’s wheat exports and 60 percent of the world’s sunflower oil exports come from Russia and Ukraine. For every 100 calories’ worth of food traded around

Climate has its last laugh to create food havoc (The Business Standard News) Business Standard News (Bangladesh) published an article about how recent heavy floods in Bangladesh have taken a heavy toll on life, livelihoods and infrastructures, and caused extensive damage to crops and livestock, raising worries for future food supplies. Climate change is affecting countries worldwide from floods to