How does the war in Ukraine impact the global food supply? (BBC Radio) BBC Radio produced a program that stated the Russian invasion of Ukraine has increased the possibility of global food insecurity. Most developing countries can’t cushion the blow. Senior research fellow Joseph Glauber said the war itself came at a bad time due to droughts that reduced stock, prices were already
CNN published an article on how Russia’s war in Ukraine could push up to 49 million people into famine or famine-like conditions because of its devastating impact on global food supply and prices, the United Nations has said, in the latest dire warning over food insecurity. Russia’s blockade of Ukrainian ports has already raised global food prices and threatens to cause a
West needs to act fast to tackle food crisis — and Moscow’s blame game (Financial Times) Financial Times published an op-ed stating that G7 countries will outline global initiatives this month to help prevent hunger as Russia weighs on grain importers. After a meeting with Vladimir Putin last week, Senegal’s President Macky Sall, also chair of the African Union, called for the lifting
Fertilizer woes plant seeds of doubt beyond food (Reuters Reuters published an article on fertilizer prices. Fertilizer shortages due to the war in Ukraine are hitting more than just food costs. On Wednesday lawn-care firm Scotts Miracle-Gro (SMG.N) issued a sales and profit warning as higher commodity costs continued to squeeze margins. It’s a warning of pain being spread across industries. A surge
Much of the early attention on the Russian-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have raised serious concerns about rising
The current rise in global market prices for major food commodities almost mirrors that of the 2008 food crisis, presenting a worldwide threat to food security. The situation is particularly severe in Africa, where the COVID-19 pandemic and now the Russia-Ukraine crisis have exposed the vulnerability of food systems to major shocks, particularly in countries like Nigeria that rely heavily on
As we discussed in our previous post, fertilizer prices have increased drastically, +230%, since May 2020. Now—driven upward by supply disruptions stemming from the Russia-Ukraine conflict—they are nearing the peak reached in August 2008 during the last major food price crisis. Spiking fertilizer prices are likely to have major impacts on agriculture and food production—and thus, food security—around the world, as
Tribune. La guerre en Ukraine, par le risque direct qu’elle fait peser sur la production agricole ukrainienne, et ses conséquences sur les marchés de l’énergie et des fertilisants ont conduit à une flambée historique des prix agricoles. Cette situation menace la sécurité alimentaire de nombreux pays pauvres et pousse l’Union européenne (UE) à chercher des solutions pour assurer sa propre