{"id":571568,"date":"2020-05-17T03:24:55","date_gmt":"2020-05-17T03:24:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/were-facing-a-global-food-crisis-even-though-theres-enough-food-to-go-around\/"},"modified":"2020-05-17T03:24:55","modified_gmt":"2020-05-17T03:24:55","slug":"were-facing-a-global-food-crisis-even-though-theres-enough-food-to-go-around","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/were-facing-a-global-food-crisis-even-though-theres-enough-food-to-go-around\/","title":{"rendered":"We\u2019re facing a global food crisis, even though there\u2019s enough food to go around"},"content":{"rendered":"

<\/a> We\u2019re facing a global food crisis, even though there\u2019s enough food to go around:<\/strong> With an \u201cunprecedented\u201d breakdown in food supply chains and consumer demand, the world is now facing a food crisis that is driving up prices and putting vulnerable people at greater risk, the Wall Street Journal says<\/a>.<\/p>\n

The crisis comes as we face supply and demand problems simultaneously:<\/strong> On the supply side, a handful of countries are imposing protectionist measures \u2014 such as Russia and Romania limiting their wheat exports \u2014 in a bid to secure local consumption needs. Other countries are still trying to export their goods as normal, but are bogged down in logistical hurdles, including not being able to tend to their crops as a result of national lockdowns (which have also dried up some domestic markets) or their cargoes going bad while being held up at customs. On the demand side, people engaging in panic buying have left some markets with empty grocery store shelves, and others are struggling to finance their food needs amid job losses and slowdowns in business activity.<\/p>\n

Egypt, for one, has rushed to secure its wheat needs by <\/strong>continuing imports<\/a><\/strong> during the annual harvest season<\/strong>, during which we typically hit \u201cpause\u201d on imports of the grain. The reticence of other producers to export has meant that state grain buyer GASC has only imported 240k tons of wheat since the local harvest began in mid-April. Its last tender attracted just five offers \u2014 the fewest in more than a year. But the upcoming harvest season<\/a> in the Northern Hemisphere looks like it\u2019s going to start at the best time to help Egypt secure its target wheat supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re facing a global food crisis, even though there\u2019s enough food to go around: With an \u201cunprecedented\u201d breakdown in food supply chains and consumer demand, the world is now facing a food crisis that is driving up prices and putting vulnerable people at greater risk, the Wall Street Journal says. The crisis comes as we […]<\/p>\n","protected":false},"author":1,"featured_media":571569,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[317,72,564,1510,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-commodities","tag-enterpriseam","tag-food","tag-the-macro-picture","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"b6954c67-deb4-44d5-9fd4-db0651ef29d9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/5\/173.jpg","photo_position":"above","related_issue":[571548],"teaser":"","voice_url":""},"yoast_head":"\nWe\u2019re facing a global food crisis, even though there\u2019s enough food to go around - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/were-facing-a-global-food-crisis-even-though-theres-enough-food-to-go-around\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re facing a global food crisis, even though there\u2019s enough food to go around\" \/>\n<meta property=\"og:description\" content=\"We\u2019re facing a global food crisis, even though there\u2019s enough food to go around: With an \u201cunprecedented\u201d breakdown in food supply chains and consumer demand, the world is now facing a food crisis that is driving up prices and putting vulnerable people at greater risk, the Wall Street Journal says. 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Earlier in the crisis, acute shortages were said to be picking up steam as the outbreak led to a sudden lack of\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546380,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/15\/india-bans-wheat-exports-to-all-except-vulnerable-countries\/","url_meta":{"origin":571568,"position":1},"title":"India bans wheat exports to all except \u201cvulnerable countries\u201d","author":"enterpriseam admin","date":"15 May 2022","format":false,"excerpt":"India has joined the growing wave of food protectionism and banned wheat exports amid surging local prices and a severe heatwave that is threatening to hit production. The government announced (pdf) on Friday that it is prohibiting the export of wheat to \u201cmanage the overall food security of the country\u201d\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/176.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550757,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/war-in-europes-breadbasket-could-send-mns-into-hunger-worldwide\/","url_meta":{"origin":571568,"position":2},"title":"War in Europe\u2019s breadbasket could send mns into hunger worldwide","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"The war in Ukraine is bad news for food security: It\u2019s no secret that Russia\u2019s ongoing war in Ukraine is bad for economies the world over. The main worry for most is a slowdown in growth, after the war sent energy and food prices skyrocketing. But while wealthier countries can\u2026","rel":"","context":"In "FOOD SECURITY"","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/515.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549315,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/12\/erdogan-sides-with-putin-on-ukraine-grain-pact-criticism\/","url_meta":{"origin":571568,"position":3},"title":"Erdogan sides with Putin on Ukraine grain pact criticism","author":"enterpriseam admin","date":"12 September 2022","format":false,"excerpt":"There\u2019s good news and bad news on the global food crisis this morning:The bad news first: Is Erdogan having second thoughts on the Ukraine grain pact he brokered? Turkish President Recep Tayyip Erdogan backed Russian counterpart Vladimir Putin\u2019s criticism of the landmark grain agreement that Turkey brokered with the UN\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545123,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/ems-are-struggling-to-recover-from-the-impact-of-the-pandemic\/","url_meta":{"origin":571568,"position":4},"title":"EMs are struggling to recover from the impact of the pandemic","author":"enterpriseam admin","date":"6 March 2022","format":false,"excerpt":"EMs are still struggling to address the economic repercussions of the pandemic (to say nothing of the effects of Russia\u2019s war in Ukraine)? With the pandemic in its third year, the post-covid recovery has been the primary focus for the global economy, but developing countries and emerging markets are facing\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/434.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552288,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/24\/african-food-security-is-coming-under-further-pressure-from-surging-fertilizer-prices\/","url_meta":{"origin":571568,"position":5},"title":"African food security is coming under further pressure from surging fertilizer prices","author":"enterpriseam admin","date":"24 August 2022","format":false,"excerpt":"The sky-high cost of fertilizer is pushing farmers to the brink and further straining African food security: Fertilizer prices have increased by at least 30% since the start of 2022, besides another 80% surge registered last year, according to World Bank figures. These rising prices pose significant challenges for food\u2026","rel":"","context":"In "FOOD SECURITY"","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/587.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=571568"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571568\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/571569"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571568"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571568"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}