Panic buying, lockdowns may drive world food inflation - FAO, analysts (Reuters)
“All you need is panic buying from big importers such as millers or governments to create a crisis,” said Abdolreza Abbassian, senior economist at the United Nations’ Food and Agriculture Organization (FAO). “It is not a supply issue, but it is a behavioral change over food security,” he told Reuters by phone from Rome, the FAO headquarters. “What if bulk buyers think they can’t get wheat or rice shipments in May or June? That is what could lead to a global food supply crisis.”
Corona crisis hits global food supply (Reuters)
The corona epidemic around the world is also putting pressure on the food supply.