Saturday, March 12, 2022

Russia-Ukraine Conflict To Trigger Global Food Shortages

Russia-Ukraine conflict could trigger global food shortage – UN
RT


In addition to Covid-related shortages, disruption to agricultural production in Russia and Ukraine because of Moscow’s attack on its neighbor could seriously exacerbate global food insecurity, Qu Dongyu, the director-general of the United Nations Food and Agriculture Organization, has claimed.

In a statement on Friday, he outlined how the two countries play a substantial role in the worlds production and supply of foodstuffs.

"Russia is the world’s largest exporter of wheat, and Ukraine is the fifth-largest. Together, they provide 19% of the world’s barley supply, 14% of wheat, and 4% of maize, making up more than one-third of global cereal exports,” he said.

Qu added that the two nations are also lead suppliers of rapeseed, and account for 52% of the world’s sunflower oil export market. Global fertilizer supply is also highly concentrated, with Russia the lead producer.

He explained that supply chain and logistical disruptions on Ukrainian and Russian grain and oilseed production, as well as restrictions on Russian exports, will have significant food security repercussions.

“This is especially true for some 50 countries that depend on Russia and Ukraine for 30% or more of their wheat supply,” Qu said. “Many of them are least-developed countries or low-income, food-deficit countries in Northern Africa, Asia, and the Near East. Many European and Central Asian countries rely on Russia for over 50% of their fertilizer supply, and shortages there could extend to next year.”








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