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China.org published an article stating that with surging global commodity prices, a food supply crisis is looming large, especially in several MENA nations. The Russia-Ukraine conflict has a profound impact on international commodity prices given the two countries important roles in global grain markets. Senior research fellow David Laborde said, “Middle Eastern and North African […]

The Fence Post published an article describing how President Biden asked Congress to provide $500 million for farm subsidies to increase U.S. production of crops, particularly wheat and soybeans, to address the world’s expected loss of production from Ukraine due to the invasion and continuing war provoked by Russian President Vladimir Putin. Biden said, “Ukraine […]

Agweek published an article stating that grain and input prices were high even before the Russian invasion of Ukraine, but the uncertainty it adds will likely keep prices high until at least the summer of 2023, and it may be 2024 until they go to pre-invasion levels, a prominent agricultural economist and trade expert says. […]

VOA presented a video on the food prices increase particularly in the Middle East. However, Muslims break their fast this Ramadan, they’re probably paying more for it than last year. Some of the reasons are the same everywhere. Shockwaves from the war in Ukraine, for one. But in economics, there’s rarely just one reason for […]

Axios published an article on vegetable oil prices that have surged over the last few months, as the war in Ukraine drove up their already rising costs. According to senior research fellow, Joseph Glauber who is tracking the current volatility in food prices said, “Palm oil accounts for 58 percent of all the oils traded in […]

Agri-Pulse published an article on how many farmers across the West and Southern Plains worry they can’t produce good crops this year because of an abnormally dry winter and little prospect for moisture in coming weeks. Senior research fellow Joseph Glauber said, “You are going to see from now on out for the next several […]

Agri-Pulse published an article stating that the Biden administration will spend US$282 million on domestic commodities such as wheat as part of a food aid package for Yemen and five African nations experiencing severe drought and food insecurity, USDA and USAID. Commodities being purchased are hard red winter wheat, soft white wheat, yellow split peas, […]

Foreign Policy published an article that Moscow and Washington battle at the U.N. to assign responsibility for a looming food crisis that threatens millions with starvation. Even before the war, Russia had imposed export taxes on its wheat, and the insecurity brought about by trading in a war zone has driven up shipping and insurance […]

Trade Beta Blog published a recap of the WTO seminar on food security. Trade experts warned that countries should avoid reacting hastily to the food security challenge posed by the war in Ukraine and avoid worsening the crisis. The impact of the war in Ukraine in 2022 is now well-known: a crisis in supply, prices, […]

Business Standard reposted an IFPRI blog post by researchers Abdullah Mamun, Joseph Glauber, and David Laborde. The post illustrates how disruptions in wheat, vegetable oil, and fertilizer markets caused by Russia’s invasion of Ukraine drive up prices and threaten supplies in Bangladesh. The conflict threatens Bangladesh’s recent progress. According to an IFPRI study, the proportion […]