CNBC Indonesia published an article on how the current world trade conditions are not good, especially in food commodities and their supporters. There is a trend that producing countries are starting to be stingy or restrict exports to other countries. This is allegedly in order to maintain food stability in his own country amid the effects of the Ukraine-Russia war and the effects of the pandemic. The report from the IFPRI quoted by the Indonesian Central Statistics Agency (BPS) on Friday (07/15/2022) stated that there were various restriction policies in several countries that were in effect throughout June 2022. (See IFPRI tool, Food & Fertilizer Export Restrictions Tracker). The definition of restriction includes prohibitions, permits, and/or export taxes.
Real crisis, world countries begin to be stingy in selling food (CNBC Indonesia)
July 15, 2022