Mon Jun 13, 2022 – 11:27 am EDT
STORY AT-A-GLANCE
Across the world, experts and analysts are now warning of skyrocketing food prices and catastrophic food shortages. In mid-May 2022, United Nations chief Antonio Guterres said the world is facing years of famine Blame for this global food shortage is, officially, being laid at the feet of “climate change,” the COVID pandemic and the Russia-Ukraine conflict, but other factors are also contributing to bring our food system to the breaking point Crop failures and low yields have caused several countries to reduce or halt food exports, and fertilizer, fuel and energy shortages further worsen this already strained food supply President Biden’s decision to transition the United States away from energy independency by shutting down the Keystone pipeline, canceling offshore oil leases and freezing new leases and permits for federal oil and gas drilling doesn’t help the situation in the U.S. It also doesn’t help that the U.S. and U.K. continue paying farmers to not farm or to grow less Globally, food prices increased by 29.8% between March 2021 and March 2022, while meat prices rose 2.2% in a single month between March and April 2022
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