Blog Category

Conflict

Regional war, global consequences: Mounting damages to Ukraine’s agriculture and growing challenges for global food security

Mar 27th, 2023 • by PAVLO MARTYSHEV, OLEG NIVIEVSKYI AND MARIIA BOGONOS

Russia’s all-out war on Ukraine has inflicted devastating impacts that continue to mount more than a year after the invasion. As of September 2022, even before Russia’s winter bombing campaign, the total damage to Ukraine’s infrastructure was an estimated $127 billion, equal to 64% of the country’s 2021 GDP. More than 14 million Ukrainians have left their homes, including more than 8 million refugees.

Price Insulation And Global Wheat Markets

Mar 27th, 2023 • by S. Gustafson

The real global price of food surged in 2022, reaching well above the previous peak seen in the 2011 food price crisis. While prices declined somewhat in July 2022, they remain alarmingly high, and some countries have enacted policies, such as export bans, to try to rein in prices on their domestic markets.

Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities

Jan 24th, 2023 • by Joseph Glauber and David Laborde

In the weeks following Russia's invasion of Ukraine in late February 2022, several countries imposed export restrictions—including licensing requirements, taxes, and some outright bans—on a variety of feed and food products. These measures helped to fuel war-related disruptions in global markets and contributed to higher prices and increased price volatility.

Can agricultural exports from Southern Cone countries make up for global supply disruptions arising from the Russia-Ukraine war?

Nov 19th, 2022 • by JOSEPH GLAUBER, DAVID LABORDE, VALERIA PIÑEIRO AND AGUSTÍN TEJEDA

The economies of the Southern Cone (Argentina, Brazil, Chile, Paraguay, and Uruguay), major agricultural exporters still recovering from the negative impacts of the COVID-19 pandemic, have benefited from the rise in international prices accompanying the Russian invasion of Ukraine. With the war disrupting global supplies, the net exporting countries of the region have the opportunity to increase their exports.