Thursday, March 10, 2022

Your Daily Doom About Food Prices

Food crisis grows as spiraling prices spark export bans.

"Ukraine announced on Wednesday it had banned a wide range of agricultural exports including barley, sugar and meat until the end of the year."

"Serbia announced Wednesday it will ban exports of wheat, corn, flour, and cooking oil as of Thursday to counter price increases while Hungary banned all grain exports last week."

The list of nations banning food exports so they can try to make sure there's enough for domestic consumption continues to grow. Vladimir Putin would argue that this shouldn't be called an outbreak of "famine" - let's call it "special hunger" instead.

No comments:

Post a Comment