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Monday, 21 March 2022

Food prices still topic du jour in the foreign press

The war in Ukraine and its effect on our wheat supply is continuing to get ink in the foreign press this morning: The Madbouly government’s move to ban exports of key staples including wheat, flour and lentils for three months comes as more Arab nations veer towards food protectionism amid the Russia-Ukraine war’s impact on food security, Bloomberg reports. The New York Times also name-checks Egypt in a story headlined Ukraine war threatens to cause a global food crisis.

Egypt is the world’s biggest wheat importer, and relies on Russia and Ukraine for more than 80% of its wheat supply.

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