Wheat Volatility Adds to Global Food Security Concerns

The video discusses the volatility in wheat prices due to the conflict in Ukraine, highlighting a significant food security crisis. It emphasizes the impact on emerging economies, where edible oil prices are rising. The closure of Ukrainian exports and difficulties in trading Russian exports contribute to the crisis, affecting 25% of global wheat exports and 10% of traded calories. While rice prices remain stable, the situation mirrors the 2011 food crisis.

What has been the impact of the wheat crisis on global food security?

In what ways are households in emerging economies affected by the edible oil price crisis?

How do Ukrainian and Russian exports affect the world's wheat supply?

What percentage of the world's wheat exports do Ukraine and Russia account for?

What similarities exist between the current food crisis and the one experienced in 2011?