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 […]
Blog Series: High Food/Fertilizer Prices and War in Ukraine
With global prices of food and fertilizers already reaching worrying highs, the continuing impacts of the COVID-19 pandemic and Russia’s invasion of Ukraine raise serious concerns for food security, both in the short and long term. IFPRI Senior Research Fellows Joseph Glauber and David Laborde are editing a special series of posts on the IFPRI […]
IFPRI Blog: Russia’s invasion of Ukraine threatens food security in Malawi. How can the country respond?
Food insecurity is endemic in Malawi, affecting up to 38% of the population every year in the run-up to the harvest in April. Although geographically distant, there are multiple channels through which Russia’s invasion of Ukraine can make matters worse this year.
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