Food nationalism: Export curbs hit nearly a fifth of global market (Nikkei Asia) 

Nikkei Asia published an article on how countries are hoarding supplies as prices spike in wake of the Ukraine War. Export restrictions have been imposed on nearly a fifth of the global food trade. IFPRI’s Food and Fertilizer Export Tracker finds that export bans, higher tariffs, and other barriers have been imposed on 17% of the international food market on a caloric basis as of June 28. (See IFPRI tool, Food & Fertilizer Export Restrictions Tracker). This current crisis, however, has become prolonged with a wider-reaching impact. Food prices had already been on an upward trend from pandemic-induced supply chain issues. The war in Ukraine opened another front on skyrocketing prices.