Commentary: Is the world on the brink of a food crisis because of the Ukraine war?

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Amid rising whole grain futures, Russia invading 'the breadbasket of Europe' might trigger a price panic, says a Harvard University professor.

CAMBRIDGE, Massachusetts: The Russian invasion of Ukraine and the widespread devastation of the country raise the spectre of another world food crisis.

Important lessons were learned from the last food crisis, and avoiding those mistakes will be critical to keeping the region’s food economies reasonably stable this time. An already tight oilseeds market is now threatened by the loss of Ukrainian sunflower seed oil. India has asked Indonesia to ease its restrictions on palm oil exports.

It's in cookies, toothpaste and hand sanitiser. But it's also been blamed for deforestation. A palm oil producer talks to us on The Climate Conversations about how they’re trying to make it more sustainable:Some of the short-term consequences are already in play. Modern agriculture is heavily dependent on energy inputs, both directly as fuel for farm equipment, and also to power the supply chains for farm inputs and output.

 

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