{"id":21048,"date":"2022-06-03T14:57:22","date_gmt":"2022-06-03T21:57:22","guid":{"rendered":"https:\/\/setapartbytruth.org\/wordpress-watchman\/?p=21048"},"modified":"2022-06-03T13:25:50","modified_gmt":"2022-06-03T20:25:50","slug":"countries-hoarding-food-supplies-as-prices-spike-hunger-crisis-looms","status":"publish","type":"post","link":"https:\/\/setapartbytruth.org\/wordpress-watchman\/countries-hoarding-food-supplies-as-prices-spike-hunger-crisis-looms\/","title":{"rendered":"Countries hoarding food supplies as prices spike, hunger crisis looms"},"content":{"rendered":"

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Laurel Duggan – May 25, 2022<\/p>\n

Countries are imposing export restrictions on food in light of shortage concerns sparked by the war in Ukraine, the Wall Street Journal reported Wednesday.<\/p>\n

Export restrictions were quickly imposed after Russia\u2019s Feb. 24 invasion of Ukraine to increase domestic supply and slow the rise of prices, but the trend could exacerbate rising global food prices and shortages<\/a>, according<\/a> to the WSJ. Ukraine and Russia are both major exporters of grains and vegetable oils.<\/p>\n

Restrictions on food or fertilizer exports were put in place in 26 countries in 2022, according to the WSJ. Economists told the outlet these restrictions would temporarily ease the pain of food shortages<\/a> in the countries that use them, but are a temporary measure that contributes to higher food prices globally.<\/p>\n

India, the world\u2019s second-largest wheat producer, banned<\/a> wheat exports May 13 as domestic prices jumped while Indonesia, which produces 60% of the world\u2019s palm oil, blocked<\/a> exports of the substance in late April before lifting the ban in late May. Ghana barred maize, rice and soybean exports; Argentina banned beef exports; and Iran and Egypt blocked the export of numerous foods, according to the WSJ.<\/p>\n

\u201cIt\u2019s one of these classic things where there\u2019s really a short-term sugar high for the government \u2026 And then you end up with the same scarcity problem you had before,\u201d said Simon Evenett, professor of international trade and economic development at the University of St. Gallen in Switzerland, according to the WSJ.<\/p>\n

Food prices rose nearly 30% over the past year, according<\/a> to the Food and Agricultural Organization of the United Nations, with the trend accelerating following the invasion of Ukraine. President Joe Biden expressed<\/a> concern about the food shortages March 24.<\/p>\n

\u201cWith regard to food shortages, yes, we did talk about food shortages,\u201d Biden said<\/a>. \u201cAnd it\u2019s gonna be real.\u201d<\/p>\n

https:\/\/www.wnd.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Laurel Duggan – May 25, 2022 Countries are imposing export restrictions on food in light of shortage concerns sparked by the war in Ukraine, the Wall Street Journal reported Wednesday. Export restrictions were quickly imposed after Russia\u2019s Feb. 24 invasion of Ukraine to increase domestic supply and slow the rise of prices, but the trend … Continue reading Countries hoarding food supplies as prices spike, hunger crisis looms<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[17],"tags":[15729,36,16734,1032,16733,11,16735,661,789],"class_list":["post-21048","post","type-post","status-publish","format-standard","hentry","category-black-horse","tag-biden","tag-disaster","tag-fertilizer-exports","tag-food-shortages","tag-grains","tag-russia","tag-simon-evenett","tag-ukraine","tag-wall-street-journal"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8fAkI-5tu","_links":{"self":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/comments?post=21048"}],"version-history":[{"count":1,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21048\/revisions"}],"predecessor-version":[{"id":21050,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21048\/revisions\/21050"}],"wp:attachment":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/media?parent=21048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/categories?post=21048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/tags?post=21048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}