Food Protectionism Threatens to Further Disrupt Global Crop Trading

Global crop trading has been roiled after Russia’s invasion of Ukraine paralyzed crucial Black Sea supplies, and now there’s another threat building: Food protectionism.

With prices of key staples spiking, governments are starting to take steps to safeguard domestic supplies and keep costs in check for their people. Among the list, Moldova, Hungary and Serbia have banned some grain exports, while edible oil giant Indonesia is tightening controls over palm oil shipments.