World cereal production, utilization, stocks, 2012-2022 and projected to 2023. Based on world cereal production and utilization estimates, cereal stocks at the end of seasons in 2022 are seen rising above their opening levels but remaining below the record levels reached in 2018/19. Global trade in cereals in 2021/22 is estimated below the 2020/21 record level, mostly owing to an expected fall in global maize trade and reflecting the impact of disruptions caused by the war in Ukraine. Looking forward to the 2022/23 season, early prospects for cereal production in 2022 point to a likely decrease, which would mark the first decline in four years. Graphic: FAO

World cereal production, utilization, stocks, and trade all likely to contract in 2022/23 – U.N. forecast shows first decline in world cereal utilization in twenty years

3 June 2022 (FAO) – FAO’s latest estimates indicate a year-on-year 0.9 percent increase in global cereal production in 2021, largely attributed to a higher maize output. Cereal utilization is also estimated to increase in 2021/22, by 1.1 percent, driven by (in order of magnitude) expansions in food consumption (especially of wheat and rice), other […]

The ashes of burnt grain can be seen in a grain silo in the town of Sivers’k, Donbas in May 2022. Photo: Alex Chan / SOPA Images / Sipa USA / Reuters

Russia’s war on global food security – Russia’s blockade of Ukraine grain exports may cause starvation of 47 million people – “It will result in famine and destabilization and mass migration around the world”

By Anders Åslund 1 June 2022 (Atlantic Council) – Russian President Vladimir Putin’s war on Ukraine is also a war on global food security. In February 2022, Russia blockaded all of Ukraine’s Black Sea ports, through which all its bulk exports were being shipped. The ports remain closed, with no opening in sight. David Beasley, […]

A protester in Sri Lanka hurls a tear-gas canister back at the police officers who fired it, 19 May 2022. Photo: Atul Loke / The New York Times

Sri Lanka is the first domino to fall in the face of a global debt crisis – Will Bangladesh be next? – “I’m deeply concerned about developing countries”

By Larry Elliott 9 May 2022 (The Guardian) – The departure of Sri Lanka’s prime minister, Mahinda Rajapaksa, follows weeks of protest and a deepening crisis. There is no bankruptcy system for states but if there was then the south Asian country – down to its last $50m (£40m) of reserves – would be first in […]

A farmer pours water on himself while working at a wheat farm in the Ludhiana district of Punjab, India, on Sunday, 1 May 2022. Photo: T. Narayan / Bloomberg / Getty Images

India bans wheat exports as heat wave hurts crop and domestic prices soar – “The Indian ban will lift global wheat prices”

By Rajendra Jadhav, Mayank Bhardwaj, and Nigam Prusty 15 May 2022 MUMBAI (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already […]

Prevalence of moderate or severe food insecurity in Africa in 2019 (left), and top eight wheat importers in Sub-Saharan Africa in 2020 (right). Challenges for food security in Sub-Saharan Africa will increase as Russia’s war on Ukraine persists. Graphic: IMF

Russia’s war on Ukraine dims global economic outlook as inflation accelerates – Africa faces new shock as war raises food and fuel costs – “This crisis unfolds even as the global economy has not yet fully recovered from the pandemic”

By Pierre-Olivier Gourinchas 19 April 2022 (IMF) – Global economic prospects have been severely set back, largely because of Russia’s invasion of Ukraine. This crisis unfolds even as the global economy has not yet fully recovered from the pandemic. Even before the war, inflation in many countries had been rising due to supply-demand imbalances and […]

World Bank COVID-19 Business Pulse Survey Dashboard, March 2022. Data cover 24 middle-and low-income countries. As of January 2021, 40 percent of surveyed businesses expected to be in arrears within six months, including more than 70% of firms in Nepal and the Philippines and over 60 percent of firms in Turkey and South Africa. Graphic: World Bank

The next global debt crisis is hiding in plain sight – With emergency debt moratoriums ending, vulnerable households and businesses confront loan repayments they can no longer afford

By Carmen Reinhart and Leora Klapper 2 May 2022 WASHINGTON (Project Syndicate) – When Russian tanks rolled into Ukraine, private-debt crises were probably already brewing—albeit hidden from view—in many parts of the world, as a result of the economic disruptions caused by the COVID-19 pandemic. Now, the war is pushing even more countries toward similar […]

Press freedom situation in 180 countries and territories, 2013-2022. Graphic: Reporters Sans Frontières

RSF’s 2022 World Press Freedom Index: a new era of polarisation – Journalism situation classified “very bad” in record number of 28 countries

2 May 2022 (RSF) – The 20th World Press Freedom Index published by Reporters Without Borders (RSF) reveals a two-fold increase in polarisation amplified by information chaos – that is, media polarisation fuelling divisions within countries, as well as polarisation between countries at the international level. Читать на русском / Read in Russian The 2022 […]

Estonian cargo vessel the Helt sinks off Odessa, Ukraine, 3 March 2022. Reports claimed the Helt was captured by Russian forces on 2 March 2022 and scuttled. Photo: Andrii Klymenko

Russia’s war destroys Ukraine’s economy, spurs global food and economic crisis – “The war in Ukraine can throw more than 1/5 of humanity into poverty, destitution, and hunger on a scale not seen in decades”

25 April 2022 (Euromaidan Press) – February 23 was an ordinary workday for the thousands of employees on two very different facilities: Chornobayivka chicken farm near Kherson and Azovstal, a giant steel mill in Mariupol. Now, after two months of the war, they are equally jobless due to the destruction of both enterprises: either by […]

FAO Food Price Index (left) and FAO Food Commodity Price Indices (right), January 2021 - March 2022. Graphic: FAO

The FAO Food Price Index makes a giant leap to another all-time high in March 2022

8 April 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 159.3 points in March 2022, up 17.9 points (12.6 percent) from February, making a giant leap to a new highest level since its inception in 1990. The latest increase reflects new all-time highs for vegetable oils, cereals, and meat sub-indices, while those of […]

A body of a woman, who according to residents was executed by Russian army soldiers, lies on the street, amid Russia's invasion of Ukraine, in Bucha, in the region of Kyiv, Ukraine, 2 April 2022. Photo: Zohra Bensemra / REUTERS

Human Rights Watch report on atrocities in Russia-controlled areas of Ukraine: Summary executions, rape, and other grave abuses – “The cases we documented amount to unspeakable, deliberate cruelty and violence against Ukrainian civilians”

3 April 2022 (Warsaw) – Human Rights Watch has documented several cases of Russian military forces committing laws-of-war violations against civilians in occupied areas of the Chernihiv, Kharkiv, and Kyiv regions of Ukraine. These include a case of repeated rape; two cases of summary execution, one of six men, the other of one man; and other cases of […]

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