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Joseph Glauber -Global Food Crises and Challenges to Food Production and Trade in Developing Countries

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Joseph Glauber -Global Food Crises and Challenges to Food Production and Trade in Developing Countries

  1. 1. 7 MONTHS AFTER THE INVASION OF UKRAINE: HOW GLOBAL MARKETS AND FOOD SECURITY HAVE BEEN IMPACTED Joseph Glauber and David Laborde (IFPRI) j.glauber@cgiar.org d.laborde@cgiar.org 10 October 2022
  2. 2. The Russian aggression: one more drop in an already full bucket
  3. 3. Prices have decreased but still remain very high
  4. 4. Global markets have compensated during the first semester…
  5. 5. Because the first semester of the year is not the core period of Ukrainian exports…
  6. 6. Russia wheat exports Russia is exporting at roughly last year’s pace based on a sample of countries
  7. 7. And the Grain Initiative helps, but is not a long term solution since volumes remain low relative to usual levels
  8. 8. Food inflation worsens

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