Yuwipi Woman
Whack-A-Mole Queen
I think a lot of this is scaremongering, but I could be wrong:
The US and most of the western world doesn't have as much to worry about as places where the food supply is more tenuous. (I do know people who are freaking out and panic buying food). There are rising food costs everywhere, including Europe and the US, and it will effect the poor (and poorer countries) more than others. Inflation is already taking a toll. And there may also be a shortage of fertilizers, which could constrict grain yields going forward. What we may be seeing is the end of globalism.
What is everyone's take on this?
Russia’s invasion of Ukraine means the food inflation that’s been plaguing global consumers is now tipping into a full-blown crisis, potentially outstripping even the pandemic’s blow and pushing millions more into hunger.
Together, Russia and Ukraine account for a whopping portion of the world’s agricultural supplies, exporting so much wheat, corn, sunflower oil and other foods that it adds up to more than a tenth of all calories traded globally. Now, shipments from both countries have virtually dried up.
Commodity markets are soaring — wheat is up about 50% in two weeks and corn just touched a decade high. The surging costs could end up weighing on currencies in emerging markets, where food represents a bigger share of consumer-price baskets. And analysts are predicting export flows will continue to be disrupted for months even if the war were to end tomorrow.
The World’s Next Food Emergency Is Here as War Compounds Hunger Crisis
Russia’s invasion of Ukraine threatens supplies for key crops and fertilizers.
www.bloomberg.com
The US and most of the western world doesn't have as much to worry about as places where the food supply is more tenuous. (I do know people who are freaking out and panic buying food). There are rising food costs everywhere, including Europe and the US, and it will effect the poor (and poorer countries) more than others. Inflation is already taking a toll. And there may also be a shortage of fertilizers, which could constrict grain yields going forward. What we may be seeing is the end of globalism.
What is everyone's take on this?
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