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The food crisis

“The food crisis is already a fact. It began at the height of the pandemic, when many traditional supply chains were broken,” said Eduard Zernin, chairman of the board of the Union of Grain Exporters.

According to him, the decline in food supply was accompanied by an aggressive speculative game to increase prices. "The situation worsened last summer, when, after an unjustified reduction in forecasts for the Russian harvest, grain prices soared to $300 and then only grew. This undermined the budgets of grain-importing countries, which hardly counted on such a sharp surge in prices," he said.

“The situation on the global food market has worsened since the beginning of the pandemic, which disrupted the supply chains, which, in turn, led to a significant increase in the cost of logistics services, including food transportation,” agrees agricultural expert Marina Sidak. “Together With logistics, prices for energy resources, mineral fertilizers and other means of production have increased.

According to her, sanctions in the form of a ban on Russian ships from using the coastal infrastructure of Western countries, the entry of foreign ships into Russian ports, difficulties in paying for supplies, a ban on transactions, and much more not only disrupted the operation of global logistics and transport infrastructure, but also completely severed ties in this area.

The problem is not the quantity of food, but its price.

According to the General Director of the National Union of Milk Producers (Soyuzmoloko) Artem Belov: “We should talk about the physical and economic availability of food. The forecasts that we have for the production of agricultural products this year, as well as the available stocks, allow us to remove the issue of the physical - he said. - Another question is its economic affordability. The answer to it depends on what will happen to prices. We have traditional importers, as well as countries where there are problems with food security - these are the poorest states. And the prices for the main agricultural goods are now at a very high level."

There is no threat to the food security of the Russian Federation.

There is no need to worry about the internal food security of the Russian Federation. Moreover, it can ease tensions in a number of markets, experts say.

According to Zernin, Russia's self-sufficiency in grain exceeds 150%. "The price situation in the domestic market is stable due to the action of the grain damper. The Ministry of Agriculture has made it clear that this measure has been introduced for a long time. It is naive at least to expect that it will be canceled in such a turbulent time," he said.
Information source zol.ru