Poor countries should not be significantly affected by the loss of Ukrainian agricultural products. While Russia’s war has undoubtedly caused real problems in global food markets, they are different and more complex than what most news coverage suggests.
CHICAGO – Russia’s blockade of Ukrainian food shipments and the potential loss of Ukrainian harvests due to disruptions from the war have dominated headlines in recent months. Between February and June, global wheat prices surged by more than 60%, fueling humanitarian concerns and warnings from international development agencies about increased food insecurity in poor African and Asian countries.
CHICAGO – Russia’s blockade of Ukrainian food shipments and the potential loss of Ukrainian harvests due to disruptions from the war have dominated headlines in recent months. Between February and June, global wheat prices surged by more than 60%, fueling humanitarian concerns and warnings from international development agencies about increased food insecurity in poor African and Asian countries.