Saturday, May 14, 2022

India Halts Wheat Exports As "Food Security At Risk" :"The move by the world's second-largest wheat producer comes as food protectionism runs rampant worldwide as countries limit or restrict exports of food staples to rein in domestic prices. 


Wheat futures are expected to jump Sunday evening and add to record-high food inflation, crushing emerging market economies the hardest. High food prices have already resulted in inflation riots in several countries, one being the ongoing social instability unfolding in Sir Lanka."

https://www.zerohedge.com/commodities/india-halts-wheat-exports-food-security-risk


#WheatExports #Wheat #FoodSecurity #FoodStaples #NurseUp

No comments:

Post a Comment