2022 Annual Research and Policy Conference - Agricultural Transformation and Food Security in Sudan

1. 7 MONTHS AFTER THE INVASION
OF UKRAINE: HOW GLOBAL
MARKETS AND FOOD SECURITY
HAVE BEEN IMPACTED
Joseph Glauber and David Laborde (IFPRI)
j.glauber@cgiar.org
d.laborde@cgiar.org
10 October 2022

2. The Russian
aggression: one
more drop in an
already full
bucket

3. Prices have
decreased but
still remain very
high

4. Global markets
have
compensated
during the first
semester…

5. Because the
first semester of
the year is not
the core period
of Ukrainian
exports…

6. Russia wheat exports
Russia
is exporting at roughly last
year’s pace based on a
sample of countries

7. And the Grain
Initiative helps,
but is not a long
term solution
since volumes
remain low
relative to usual
levels

8. Food inflation worsens