News Analysis Last November, a wave of panic buying and hoarding was spurred by a message from China’s Ministry of Commerce, instructing local governments to stabilize food supply and prices. Now, as the war in Ukraine is threatening wheat and fertilizer exports, China braces for a food crisis, while Americans can expect higher prices at the grocery store. Countries around the world rely on grain from Ukraine. Ukraine exports 15 percent of the world’s grain, 80 percent of its sunflower oil, and is the fourth largest exporter of maize. The fighting in Ukraine is separating the producers from the Black Sea coastline, preventing exports. Hunger is already being felt in East Africa and is expected to spread to other nations. Egypt, Tunisia, and Algeria have already begun to experience a shortage of wheat. Egypt is the world’s largest importer of wheat, obtaining 60 percent from Russia and 40 percent from …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta