The risk of a global food crisis.

VTV.vn - The United Nations Food and Agriculture Organization (FAO) has just warned of the risk of a "systemic shock" to the agricultural and food network.

The United Nations Food and Agriculture Organization (FAO) has warned of the risk of a "systemic shock" to the agricultural and food network, as conflicts in the Middle East continue to disrupt fertilizer supply chains and drive up agricultural production costs. An international conference on food security was held in Rome, Italy, to discuss this potential shock to global agriculture.

At the conference, international leaders and experts warned that the disruption to shipping through the Strait of Hormuz is not only the impact of a geopolitical conflict, but also a direct shock to the agricultural supply chain, particularly the fertilizer market. Fertilizer prices are rising sharply, putting significant pressure on farmers in many countries.

French farmer Guillaume Lefort said: "The price of fertilizer has now risen to nearly 600 euros per ton. When I started farming 16 years ago, selling just over a ton of wheat was enough to buy a ton of fertilizer. Now it takes almost three times that amount."

Many French farmers say that the sharp rise in fertilizer prices due to the conflict with Iran is putting significant pressure on production, forcing them to reconsider their farming plans to reduce costs.

The FAO predicts this situation could occur in many countries this year, forcing farmers to reduce the area planted with wheat and switch to crops that are less dependent on fertilizers.

Source: https://vtv.vn/nguy-co-khung-hoang-luong-thuc-toan-cau-100260527201246277.htm