India halts wheat exports… Grain-importing countries on the rise of food protectionism (Nate News) 

Nate News (Korea) published an article stating that prices are skyrocketing due to a shortage of wheat. India halts wheat exports… Grain-importing countries on the rise of food protectionism. India, the world’s second-largest wheat producer, announced on the 14th that it would ban wheat exports except under special government permission. According to IFPRI, 23 countries have turned to food protectionist policies after the Ukraine war. The United States, the world’s second-largest wheat exporter, has experienced drought in 30 out of 50 states, raising concerns about a shortage of wheat and a hit to exports. China, the world’s largest wheat producer, has been concerned about winter wheat production after unusual floods in the fall of last year. In Canada, planting has been delayed due to continued low temperatures. Senior research fellow David Laborde said, “Export restrictions create a domino effect that reduces the world’s food supply and ultimately undermines the global trade system.”