Increasing food prices – blame it all on the Russians
UN Warns Ukraine War Could Spark 20% Surge In Global Food Prices
The UN’s Food and Agriculture Organization (FAO) warned Friday global food prices could rise 20% from current levels as the conflict in Ukraine rages on.
FAO said there’s uncertainty whether Ukraine would be able to harvest crops this year as the Russian invasion has disrupted the country’s agriculture industry.
Russia and Ukraine account for a quarter of the global wheat trade, about a fifth of corn, and 12% of all calories traded globally.
The inability to export crucial farm goods from the region has led FAO to believe that global food prices, already at record highs, could increase another 8%-20% from here.
“The likely disruptions to agricultural activities of these two major exporters of staple commodities could seriously escalate food insecurity globally,” FAO Director-General Qu Dongyu said in a statement.
Dongyu said the disruption could push “international food and feed prices by 8 to 22% above their already elevated levels.”
Spring is right around the corner for the Northern Hemisphere. On Friday, Ukrainian President Volodymyr Zelensky urged citizens to begin the planting season despite the conflict.
Governments worldwide are preparing for a global food crisis and are taking steps to safeguard domestic food supplies. Russia announced it would ban fertilizer exports to ‘not friendly’ countries.
Meanwhile, French President Emmanuel Macron said his country needs to defend ‘our food security’ after the fallout of the Ukraine conflict. He expects the disruption in the food supply will impact African countries the hardest.
The world’s next food emergency is rapidly emerging. World leaders are already blaming Russia for everything from record-high food costs to soaring gas prices. This week, the Biden administration began their propaganda push to blame Russia for high inflation. Russian President Vladimir Putin has conveniently become the scapegoat for the West’s inability to control inflation after unleashing trillions of dollars stimulus.
7 thoughts on “Increasing food prices – blame it all on the Russians”
UN warning’s a little late!
Where’s the mention of climate change, which has been doing a real number on agriculture for years, with droughts and floods and hail and locusts and…
Canadian shoppers know the disconnect between their reality and the Bank of Canada’s perfunctory announcement of inflation at a mere 4.7%. In northern and mid-northern areas, food is well above 20%. Never mind that Canada is one of the world’s main breadbaskets.
In the news currently, the possibility of a rail strike at a time when farmers need their fertilizer rolled in.
Home and community gardeners have been years ahead of officialdom!
China is now going to offer Russia a deal on food resources (like they already have with Ukraine)!!!
Blaming it all on the Russians —- this is called ‘Baiting the Russian Bear,’ which much of the world has been doing for ages.
The above case is just one version. One can guess there is fear of a country which spans 12 time zones.
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