If the war in Ukraine does not end, the global food crisis will deepen!
Moscow, 01 June : The effect of the Russo-Ukraine war is beginning to be seen on the cereals as well. The question is whether we need to be prepared for a food crisis arising out of war. Let us tell you that wheat, maize and rice are three important food items. According to the information, in the year 2022, due to the shortage of these three food items, there may be a cloud of crisis.
Wheat production expected to decrease
According to estimates by the United States Department of Agriculture, wheat production this year is projected to decline by 0.51 per cent, or 4 million tonnes. Similarly, a marginal decline in maize production is expected. However, rice production is expected to touch a record high of 515 million tonnes. However, a slight decline in the production of these food items is expected. Most people in the world consume rice, wheat, maize, in such a situation, a large population of the world is currently looking very worried about food insecurity.
Where can the clouds of trouble hang?
For example, the price of wheat globally has increased by 91 per cent since January 2021, according to World Bank data. Maize became costlier by 55 per cent in the same period. According to the information, amidst the ongoing war between Russia and Ukraine, there is a large population at risk of food insecurity who spend their money on buying essential commodities. A paper by the Boston Consulting Group said that 45 such countries, mostly located in Africa, South Asia and Latin America, are passing through the worst phase of the crisis.
Dependence on other countries for food supply
At the same time, Lebanon, Haiti, Nigeria, Sri Lanka, Ethiopia and Sudan are some of the countries that depend on other countries for food supply. Due to this, clouds of crisis are seen hovering here too.
War in Ukraine could increase trouble
According to the information, the situation regarding food supply is becoming serious due to Russia’s attack on Ukraine, which is called the bread basket of Europe. In view of this crisis, the United Nations had warned that the world has only 70 days of wheat left. Wheat crisis has reached the lowest level since 2008. Such a food crisis in the world happens only once in a generation. After the Ukraine crisis and India’s ban on wheat exports, there is a shortage of wheat in the countries of Europe. If the situation remains like this, European countries may yearn for food.
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