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<p>The Ukraine and Russia play important roles for global food security as major exporters of agri-food products. The study of Berndt et al. (2022) uses global computable equilibrium models to analyse how the war in Ukraine could affect global agri-food prices and finds that export restrictions from Ukraine and Russia can considerably increase global grain and oilseed prices. In the long-run, these price increases can be reduced through increased production and exports from other countries. However, some price increases, especially for sunflower oil, would remain permanent.</p>
</abstract>

The Ukraine and Russia play important roles for global food security as major exporters of agri-food products. The study of Berndt et al. (2022) uses global computable equilibrium models to analyse how the war in Ukraine could affect global agri-food prices and finds that export restrictions from Ukraine and Russia can considerably increase global grain and oilseed prices. In the long-run, these price increases can be reduced through increased production and exports from other countries. However, some price increases, especially for sunflower oil, would remain permanent.

Potential Effects of the War in Ukraine on the Global Agri-food Sector

Wirtschaftsdienst

This work is licensed under the Creative Commons Attribution 4.0 International License.

Auswirkungen des Ukrainekrieges auf den globalen Agrar- und Ernährungssektor

The Ukraine and Russia play important roles for global food security as major exporters of agri-food products. The study of Berndt et al. (2022) uses global...

Potential Effects of the War in Ukraine on the Global Agri-food Sector

Publié en ligne: 10 avr. 2023

Pages: 32 - 36

DOI: https://doi.org/10.2478/wd-2023-0064

© 2023 Franziska Schünemann, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.