Tag: #Marcos at DA takes hands-on approach to forestall food crisis
“Rising food insecurity in 2022” is the headline of the World Bank’s June 22, 2022 Food Security Update. The report highlights the risks posed by continuing high food price inflation on people in low- and middle-income countries including the Philippines. The ongoing Russia-Ukraine conflict has disrupted the global commodity supply chain, thereby triggering a continuing spiral in food prices. Food production and supply deficits have also been forecast by China, the world’s biggest grain producer. Another major vulnerability for the country is the unabated surge in fertilizer prices.