Inflation and market uncertainty hit farmers (La Informacion) 

La Informacion published an article stating that on World Food Day, international organizations warn of the “unprecedented” food crisis, which could drag a record number of people into serious food insecurity. It is essential to facilitate trade in line with international standards, as well as provide incentives and aid to farmers in the short term, and achieve some stabilization to mitigate the impact of future crises. Since last year, with the increase in global demand after the pandemic, there has been a rise in energy prices, exacerbated by the war in Ukraine. According to Rob Vos, Director of Markets, Trade, and Institutions said, “Added to this is a cut in the supply of wheat, corn, and oilseeds in global markets, which has had an impact on the rise in prices of basic foods, despite their temporary decline in the last six months.” “Everything will depend on whether the war in Ukraine continues,” says Vos, who urges keeping fertilizer and commodity markets open in the face of volatility. According to the IFPRI, some countries have lifted or reduced the export restrictions that they had imposed in recent months, so that between May and August the proportion of cereals and vegetable oils subject to restrictions fell from 17 to 7 percent of international trade.