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[INTERNATIONAL] · Russia, Ukraine, United States, Greece · 4 sources

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Global food supplies face risks from conflict and climate change

The global food market is facing significant instability due to a combination of geopolitical conflicts, extreme weather, and supply chain disruptions. In the Black Sea region, ongoing hostilities between Russia and Ukraine have severely impacted grain exports, with attacks on ports and vessels causing wheat and corn prices to reach multi-year highs.

Climate-related issues are further straining global supplies. The United States is facing its worst wheat harvest in fifty years due to heat and drought. Additionally, the El Niño effect is impacting water levels in the Panama Canal, while droughts have lowered levels in Europe’s Rhine and Danube rivers, increasing transport costs.

Maritime security also remains a concern, as Houthi militia attacks in the Red Sea have forced grain shipments to take longer, more expensive routes around South Africa. These combined factors threaten to increase food inflation and impact food security, particularly in developing nations.

Entities

Black Sea · Red Sea · Russia · Ukraine · United States

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