Global Food Supplies Face Perfect Storm of Climate Change and Conflict
The global food supply is facing severe threats due to climate change, conflicts, and lower crops. The system currently in place relies on seamless trade, cheap energy, and a stable climate, but none of these assumptions are being met.
According to experts, the combination of heat and drought is reducing harvests in major crop-producing countries. For instance, Australia has reduced its wheat acreage due to high fertilizer prices, while France and Germany are expecting harvest declines due to abnormal heat.
The United States is also expected to harvest its worst wheat crop since 1970 due to a severe drought. Meanwhile, conflicts have hampered food supply routes, such as grain shipments. The current situation highlights the need for a rethink of the global food system.