Farms.com Home  › News

Tackling Wheat Price Rises Instigated By Conflict

By Sarah McLaughlin

The conflict between Russia and Ukraine undoubtedly impacts food security, as these two countries are responsible for more than a quarter of wheat traded globally. Developing countries that rely heavily on wheat imports are most at risk from this supply disruption.

Set against an existing backdrop of food insecurity and increasing poverty, the conflict exacerbates present challenges. The United Nations Food and Agriculture Organization (FAO) predicts that a further 11 to 19 million people will be experiencing chronic hunger by 2023, on top of the existing 193 million people facing food insecurity, and at least 47 countries are expected to fall short of the Zero Hunger target, one of the UN Sustainable Development Goals (SDGs).

CROP

Rising costs of staple foods such as wheat can lead to violence and social unrest, as witnessed in 2007-11. It is therefore vital to ensure that import-dependent, resource-poor countries are supported to address their precarious food security. Steady public funding, investment in research, and enhanced production in wheat-growing nations can play an integral role in achieving a solution. In the long-term, closing the yield gap through research and investment, particularly in Africa, will lead towards self-sufficiency in wheat in Africa, contributing towards overall food security across the continent.

 

Click here to see more...

Trending Video

Will USDA 'Save the Day' in Corn + U S Post Midterm Election Ag Impact

Video: Will USDA 'Save the Day' + U S Post Midterm Election Ag Impact

Will the 2026 USDA November crop report redeem itself after a shocking higher U.S. 2026 corn yield in October?
The Democrats taking control of Congress and the Senate was not on anyone’s bingo card except ours!
The AI stock selloff knee jerk reaction over Dem’s looking to slow done the AI build out is a gift!
The Dems will now try to reign in Trump on the Iran war, tariffs (first 100 days tariffs on Canada could be removed), immigration and the corruption in the Trump administration. E15 and a new farm bill in 2027 may struggle with gridlock in Washington.
Does China walk away with U.S. ag trade as Trump has lost leverage? China to buy more U.S. ag but hinges on U.S. tariff reductions? Hang Tung Resources signs $600 million China agreement of U.S. wheat and sorghum.
Crude oil plunges 8%.
U.S. Midwest soil moisture profile is a concern.
Brazil looks wet in the next 10 days.
Hogs to new contract lows.
+ CFTC