The world is facing a potential food crisis, with soaring prices and millions in danger of severe hunger, as the war in Ukraine threatens supplies of key staple crops, the UN Food and Agriculture Organization has warned.
Maximo Torero, the chief economist at the FAO, said food prices were already high before Russia invaded Ukraine, owing to the effects of the Covid-19 pandemic. The additional strain of war could tip the global food system into disaster, he warned.
“We were already having problems with food prices,” he told the Guardian in an interview. “What countries are doing now is exacerbating that, and the war is putting us in situation where we could easily fall into a food crisis.”
Wheat prices hit record highs in recent days, though they have fallen back slightly. Overall, food prices have been rising since the second half of 2020, according to the FAO, and reached an all-time high in February, after wheat and barley prices rose by nearly a third and rapeseed and sunflower oil by more than 60% during 2021. The price of urea, a key nitrogen fertiliser, has more than tripled in the past year, on rising energy prices.
At least 50 countries depend on Russia and Ukraine for 30% or more of their wheat supply, and many developing countries in northern Africa, Asia and the near east are among the most reliant.
Poor countries are bearing the brunt of the price increases. Many of the poorest countries were already struggling financially, with some facing debt crises, amid the pandemic.
“My greatest fear is that the conflict continues – then we will have a situation of significant levels of food price rises, in poor countries that were already in an extremely weak financial situation owing to Covid-19,” said Torero, one of the
Read more on theguardian.com