The world is bracing for more pressure on food needs
Story Date: 10/20/2020

 

Source: Catarina Saraiva and Millie Munshi, BLOOMBERG, 10/16/20


Across the globe, nations are racing to bulk up their food supplies with hunger on the rise and supply chains vulnerable to more coronavirus lockdowns. Jordan has built up record wheat reserves while Egypt, the world’s top buyer of the grain, took the unusual step of tapping international markets during its local harvest and has boosted purchases by more than 50% since April. Taiwan said it will increase strategic food stockpiles, and China has been buying to feed its growing hog herd.

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