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“Experts are warning of a new normal in which food supplies — and prices — could be rocked more regularly,” writes the New York Times in a story on food inflation, trade, and export restrictions. The European Commission lowered the forecast for Europe’s crop yields, due to “distinctly drier-than-usual conditions” in large parts of the continent.  […]

“A surge in rice prices to the highest level in almost 15 years is renewing fears that food costs are going to get a lot more expensive for the world’s poorest people,” writes Bloomberg (reposted by Yahoo Finance).  “Higher rice prices will contribute to food inflation, particularly for poor households in the major rice consuming […]

Last month, the Indian government announced an abrupt ban on exporting non-basmati white rice, which raised fears of destabilizing rice supplies in certain parts of the world,” writes CNN in a story on India’s rice ban.  Prices started rising last year because of the devastating floods in Pakistan, which tightened global supply, said Joseph Glauber, […]

“What happens when India bans exports of a food staple that is essential to the diets of billions around the world?” writes the BBC. “India is the world’s top rice exporter, accounting for some 40% of the global trade in the cereal. Among the major buyers of rice are China, the Philippines and Nigeria.” “I suspect that […]

Following Russia’s withdrawal from the grain agreement, “Egypt, the world’s largest wheat importer, and other lower-income Middle Eastern countries like Lebanon and Pakistan worry about what comes next,” writes the Associated Press.  “Despite the volatility, the costs are below what they were before Russia invaded Ukraine, and there is enough production to meet worldwide demand, […]

Three Russian cruise missiles struck hangars and silos in Ivushka as well as the main port in Odesa. The strikes in mid-July destroyed a large portion of the stock, days after Russia abandoned the grain deal that would have allowed the shipments across the Black Sea without fear of attack, writes the Associated Press in […]

“This surge in food inflation has become a swelling source of concern for Prime Minister Narendra Modi’s government, which last week banned exports of several rice varieties after weeks of public anger over high prices, writes the Financial Times.  “When it comes to food trade, no government — Modi or anyone — takes a longer-term […]

San Jose. The Inter-American Institute for Cooperation on Agriculture (IICA) and the International Food Policy Research Institute (IFPRI) launched a network of agricultural negotiators in Latin America, which will seek to strengthen the positioning of those countries in multilateral forums that address matters related to the agrifood sector, such as the World Trade Organization (WTO). It […]

“Russian attempts to cut off all Ukraine’s grain export routes are threatening to erase the small reprieve in sky-high grocery prices Americans experienced this year,” writes Politico. “Joe Glauber, senior research fellow at the International Food Policy Research Institute and former chief economist at the U.S. Agriculture Department, predicted that if Monday’s big spikes in […]

In an interview for CNBC SQUAWK BOX ASIA, IFPRI senior research fellow Joseph Glauber discusses the halting of the U.N.-brokered Black Sea grain deal after Russia’s withdrawal and the options Ukraine has to export its grains. Watch the video