The Nexus of Trade and Food Security amid Global Conflicts

Apr 4, 2024 | JD Supra
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The intricate interplay between trade and food security has emerged as a vital global issue, one that is closely interwoven with the tapestry of international conflicts and political instability. Remember the 2019 pandemic when toilet paper supply chains were interrupted? Now imagine that on a much larger scale with basic food staples like rice, wheat or corn.

Food prices, covering both groceries and dining out, went up by 2.2% from February 2023 to February 2024, as per the CPI report out on March 12 by the Bureau of Labor Statistics.

In today’s interconnected world, where countries rely heavily on international trade for their food supply, any disruption in the global market can have far-reaching consequences. This is especially true for developing countries that are already facing challenges such as poverty, climate change and conflict. But, what food chains are currently being interrupted?