Search our news

Financial Times published an article stating that Russia and Ukraine are both important grain exporters, between them accounting for almost a third of the world’s traded wheat. The surge in wheat prices caused by the invasion and the subsequent sanctions on Russia have important cost implications for its business. Senior research fellow David Laborde said, […]

BakeryandSnacks.com published an article stating that as Russia barrels down on Ukraine, multinationals like Grupo Bimbo, Nestle, and Mondelez are closing operations citing safety concerns, and the already-stressed global wheat supply will get stretched to its limit.”  Senior research fellow David Laborde told The New York Times the crisis could have an immediate impact on […]

Media Briefing: Video Media Briefing: Audio   The current conflict between Russia and Ukraine is likely to generate an immediate impact on global wheat market stability and, by disrupting natural gas and fertilizer markets, have negative impacts for producers as they enter a new planting season. In an exclusive briefing for journalists, two senior economists […]

Yahoo Finance published an article that Russia’s invasion of Ukraine is threatening shockwaves through two of the world’s staple grain markets, prompting countries that rely on imports from the region to seek alternative supplies and heightening concerns about food inflation and hunger. In the U.S., the war in Ukraine may have a modest impact on […]

Wall Street Journal published an article on rising food prices showing that they are emerging as a significant headwind to the economic recovery from the pandemic this year, particularly in developing countries where food accounts for an important share of household consumption. Russia’s invasion of Ukraine could make those headwinds even stronger. Escalating food costs […]

New Business Ethiopia published an article stating that the land and weather of Ethiopia is favorable for most of the popular fruits ranging from apple, avocado, strawberry, orange, pineapple, banana, lemon, papaya, mango, watermelon, among others. from all the regions of Ethiopia. However, most of the produce is consumed by the growers, while only less […]

Daily Mirror (Sri Lanka) reported on how the Russian invasion of Ukraine has resulted in global wheat prices to spiral upwards and its impacts are expected to spill over to nations across the world. Senior research fellow David Laborde was quoted by The New York Times stating that the conflict would leave an “immediate impact […]

The Fence Post reported in an article that in an analysis issued by IFPRI,  senior research fellows, Joseph Glauber and David Laborde wrote, “Russia’s invasion of Ukraine will further disrupt global markets, will have negative consequences for global grain supplies in the short term, and by disrupting natural gas and fertilizer markets, have negative impacts […]

New York Times reported that the Russian invasion of Ukraine is threatening to cut off some international shipments of wheat, spurring shortages and pushing the price of a vital crop higher when supply chain disruptions have already sent food costs spiraling. Senior Research Fellow, David Laborde, said the crisis would “likely have an immediate impact […]

The Fern.org (AG Insider) published an article that reported on the IFPRI analysis that stated global food supplies were put in jeopardy both directly and indirectly by Russia’s invasion of Ukraine. The war will constrict grain supplies in the short term, and it would disrupt the flow of fertilizer needed for crop production in many […]