Ukraine War Affecting Our Food Availability & Prices
Over the last three months, we've watched Russian President Vladimir Putin's unprovoked attack on Ukraine in horror.
Missiles have destroyed a significant portion of major cities' infrastructure. Some areas have been occupied by Russian troops.
Ukrainian families have been separated from each other. And there have been many reports of torture, murder and rape.
Despite international condemnation, Putin's attacks have continued unabated. And he has implied a willingness to use nuclear weapons against any nation providing Ukraine with military assistance.
Food Price Index Skyrocketing
The United States and Ukraine are some 5,000 miles apart. Yet we are feeling the effects of the war in a variety of ways.
Chief among them are rapidly soaring prices of food, gas and other products. As well as food shortages. The United Nations recently announced that the conflict sent food commodity prices to the highest levels ever recorded.
In March, the Food and Agricultural Organization (FAO)'s Food Price Index was 33.6% higher than in March 2021.
Ukraine is the world's leading exporter of sunflower seed oil. Rising prices of that product have affected prices of other vegetable oils. Including palm, soy and rapeseed.
Wheat Prices Up 20% Globally
An FAO official said that the war had "spread shocks through markets for staple grains and vegetable oils."
Mainly because Ukraine and Russia normally combine for approximately 30% of the world's wheat exports. They also produce about 20% of the world's corn and barley.
A statement from the FAO read in part, "The expected loss of exports from the Black Sea region exacerbated the already tight global availability of wheat."
And with concerns over crop conditions in the U.S., due in part to extreme weather, wheat prices have risen nearly 20% globally.
Lack of Imports = Shortages
The combination of war and inflation has hit Americans hard. If you've filled up your gas tank lately, you know what I mean.
And if you've been to a grocery store recently, you're well aware of the problem. It's not just that prices are so much higher. Which is alarming by itself.
It's also the shortages. Even if you can afford your favorite foods, you might not be able to find them.
A big part of the reason for shortages is there are millions of tons of Ukrainian crops not being exported due to the war.
Administration Responds to the Crisis
President Joe Biden recently announced actions he hopes will bolster food production in America.
Among them is doubling the funding for domestic fertilizer production. And expanding insurance eligibility for "double cropping." That's the practice of harvesting two crops in the same field in the same year.
At the same time, the administration wants to reduce American farmers' reliance on fertilizer.
That would involve providing additional technical assistance for precision agriculture. And other nutrient management tools.
World Bank Warns of "Human Catastrophe"
It remains to be seen whether any of those tactics will have an effect on soaring food prices and concerning shortages.
If the World Bank is correct, those adjustments will not come anytime soon. The international financial institution recently projected that global prices will remain high through the end of 2024.
The World Bank predicts food prices will skyrocket by nearly 23% in 2022. Mainly due to the huge increase in wheat prices. They're calling the food crisis a potential "human catastrophe."
Ukraine President Volodymyr Zelenskyy said Russian officials are threatening "famine in dozens of countries."
A Free 4-Week Food Kit? Yes!
Americans may not have to deal with famine conditions. But rising food prices and shortages could get worse before they get better.
We at 4Patriots do not want you to suffer from exorbitant food prices and shortages. We want you to be prepared. That's why we've come up with a Memorial Day event featuring a free 4-Week Survival Food Kit.
For a very limited time, you'll get four 4-Week Survival Food Kits for the price of three.
Everything is stored in airtight, disaster-resistant, space-age Mylar packages. No refrigeration is required. And it's all secured in a convenient tote. This food will stay good for up to 25 years under proper storage conditions.
A Fair Warning
Now, I do want to warn you that these 4-Week Survival Food Kits have a bad habit of selling out quickly. It's happened several times before and is bound to occur again. It's something we can't control.
If stockpiling 16 weeks' worth of survival food – with four of those weeks being free food – is appealing to you, I'd strongly recommend acting now. This offer is only good for a few more days, until May 31. And only if we still have them in stock.
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