Russian-Ukrainian War Could Spark Global Food Crisis, Recession: Report

Russian-Ukrainian War Could Spark Global Food Crisis, Recession: Report
Shoppers gather to buy fruit and vegetables at a store in the suburb of Fairfield in Sydney, Australia, on July 9, 2021. Lisa Maree Williams/Getty Images
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The world should ready itself for a possible global food crisis in the coming months amid the fallout of the Russian-Ukrainian conflict, according to a new report (pdf) from agricultural financial advisory Rabobank.

Over the past 20 years, Russia, Belarus, and Ukraine have become major suppliers in global grain and agricultural markets, producing between 20 to 30 percent of a range of primary products, including wheat, corn, barley, canola, sunflower oil, pulses, nitrogen-based fertiliser, and potash.

Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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