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Foreign Policy published an article on the effect the Russian invasion might have on global markets. Vulnerable countries, especially in the Middle East, rely on grain imports that are now under threat. It’s a recipe for disaster. Senior research fellow Joseph Glauber said, “We’re talking about something that would really disrupt production. The fact that […]

SciDev.net published an article stating that the impacts caused by the pandemic on food production and distribution, especially during the first year, have affected the flow rates of “virtual water”, that is, the water necessary to produce food and other consumer goods. Senior research coordinator Valeria Piñeiro spoke about the problems with the supply chain–logistics, […]

Progressive Farmer published an article on how the Russian invasion of Ukraine will have an impact on global trade and markets. “The quick overview is the fact that coming into this crisis, we were already at very short supplies and very high demand,” said senior research fellow Joseph Glauber. “Disrupting trade out of those regions […]

The Wall Street Journal published an article stating that if conflict with Russia disrupts the nation’s vast agricultural harvests, consumers already paying more for food will face a fresh inflation bout. Uncertainty about supply already is pushing up agricultural futures. Around 80 percent of last year’s wheat harvest has been exported from Ukraine and the […]

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 […]