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Kathmandu Post published an article stating that Nepal is likely to receive above-normal monsoon rains this year, according to meteorologists from South Asia. Ideally, this raises prospects for growth in the economy battered by the Covid pandemic. A bountiful rainfall will not only boost farm output but also help replenish groundwater and reservoirs critical for […]

The Straits Times published an article that Russia’s war on Ukraine has created a crisis on top of a crisis is the most serious–the global food crisis that is now unfolding across the world. Some of the effects are already apparently locally, in the form of higher prices for groceries and cooked food. IFPRI recommends […]

Las Vegas Sun published a letter to the editor stating that negative news gets the headlines but doesn’t reflect reality. In a recent survey, more than 70 percent of respondents thought that the world was getting worse and only 5 percent thought it was getting better. Bad things often happen quickly and are quickly reported, […]

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, […]