Archive for April 11th, 2022

WASHINGTON, DC, US — War in Ukraine has had immediate impacts on the commodity market through higher prices and pronounced volatility, which will lead to secondary effects of inflation and worsening food insecurity, according to the report “War in the Region,” by the World Bank.

The report examines the humanitarian and economic impacts of the war, noting that it has threatened the stability of geopolitical relations. Economic output in Europe and Central Asia is forecast to contract 4.1% in 2022, making ...

RABAT, MOROCCO — Challenged by severe dry and hot weather in January and February, Morocco’s common wheat, durum wheat and barley production is being driven to record lows, according to a Global Agricultural Information Network report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

Marketing year 2022-23 wheat and barley total harvested area is forecast at 3.8 million hectares (9.39 million acres), about 15% below the five-year average. The USDA expects below-average yields to result in 2.25 ...