Governments have prioritised food supply as part of emergency measures and the G20 group of leading economies has committed to ensuring international flows of agricultural goods as part of their response to the coronavirus crisis.
However, the concentration of exportable supply of some food commodities in a small number of countries has made some traders nervous about logistical hitches or export restrictions. Prices of soymeal have surged in the past week as restrictions in Argentina on the movement of goods and people and other measures to contain the coronavirus raised the risk of reduced shipments from the world’s biggest exporter of the protein-rich livestock feed.
The wheat market, meanwhile, is scrutinising policy in Russia, the top exporter of the cereal, after calls to restrict exports of other foodstuffs like sunflower oil.
oh my goodness, that is really bad, may god do what they cannot because god can do anything.
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