Global Food System at Risk Amid Wheat Market Disruptions
The global food system is facing an unprecedented crisis due to extreme drought, climate anomalies, and armed conflicts along key trade routes. The New York Times reports that wheat exports are concentrated among a few major suppliers, including Russia, Canada, the United States, Ukraine, and the European Union.
Evan Fraser, a professor at the University of Guelph who studies global food systems, notes that 'the system we currently have in place depends on three things: seamless trade, cheap energy, stable climate. Today, it seems none of these assumptions are met.'
The crisis is being exacerbated by drought and extreme heat in major grain-exporting countries. The United States is expected to have its worst wheat harvest in half a century, while lower yields are forecasted in France and Germany.