As we discussed in our previous post, fertilizer prices have increased drastically, +230%, since May 2020. Now—driven upward by supply disruptions stemming from the Russia-Ukraine conflict—they are nearing the peak reached in August 2008 during the last major food price crisis.
IFPRI Blog: The Russia-Ukraine crisis presents threats to Nigeria’s food security, but potential opportunities for the fertilizer, energy sectors
The current rise in global market prices for major food commodities almost mirrors that of the 2008 food crisis, presenting a worldwide threat to food security. The situation is particularly severe in Africa, where the COVID-19 pandemic and now the Russia-Ukraine crisis have exposed the vulnerability of food systems to major shocks, particularly in countries like […]
IFPRI Blog: Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty
Much of the early attention on the Russian-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have […]
IFPRI Maize Market Report May 2022
The Monthly Maize Market Reports are developed by researchers at IFPRI Malawi, with the main goal of providing clear and accurate daily maize price data in selected markets throughout Malawi. The reports are intended as a resource for those interested in maize markets in Malawi, namely producers, traders, consumers, or other agricultural stakeholders. Contrary to […]
Policy Note 45: Regulation of Agricultural Markets in Malawi
Agriculture holds special significance in Malawi, because most Malawian households depend primarily on this sector for income and food security. Therefore, legislation surrounding the agricultural sector, and the foundation it lays for the sector’s governance, are fundamental to the development prospects of the country. At their best, agricultural laws encourage farmers, traders (both domestic and […]
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