Asia News Network published an article stating that IFPRI’s live tracker (See tool, Food & Fertilizer Export Restrictions Tracker), found that some 20 countries have imposed export restrictions on food products. It noted that inflation and food security worldwide reached alarming levels since the outbreak of the Russia-Ukraine war, triggering large spikes in prices of wheat and other important commodities such as oil, fertilizers, and grains. IFPRI said in a statement, “As the war continues, there is a growing likelihood that food shortages, particularly of grains and vegetable oils, will become acute.” Republished by Business Inquirer (Philippines).
Filipinos to feel brunt of food crisis toward end-2022 (Asia News Network)
June 09, 2022