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Can agricultural exports from Southern Cone countries make up for global supply disruptions arising from the Russia-Ukraine war?
| Content Provider | Consultative Group on International Agricultural Research (CGIAR) |
|---|---|
| Author | Glauber, Joseph W. Laborde Debucquet, David Piñeiro, Valeria Tejeda, Agustín |
| Organization | IFPRI - Markets, Trade, and Institutions Unit |
| Organization | IFPRI - Systems Transformation - Food and Nutrition Policy |
| Organization | IFPRI - Food Security Portal |
| Spatial Coverage | Argentina;Brazil;Chile;Paraguay;Uruguay [AR;BR;CL;PY;UY] |
| Description | The economies of the Southern Cone (Argentina, Brazil, Chile, Paraguay, and Uruguay), major agricultural exporters still recovering from the negative impacts of the COVID-19 pandemic, have benefited from the rise in international prices accompanying the Russian invasion of Ukraine. With the war disrupting global supplies, the net exporting countries of the region have the opportunity to increase their exports. If these countries, especially Mercosur members, can boost production enough to offset the loss of Ukraine exports, it would go a long way toward stabilizing markets and world food security. However, like the rest of the world, these countries are operating in the difficult current environment of global economic slowdown, rising energy and fertilizer prices, and rising inflation. In this post, we examine responses of Southern Cone countries to the disruptions in agricultural markets caused by the war, and their prospects going forward. |
| Sponsorship | Foreign, Commonwealth and Development Office, United Kingdom United States Agency for International Development |
| Related Links | https://cgspace.cgiar.org/items/0360af08-90a5-44f1-95c7-d503733d42cf |
| File Format | |
| DOI | 10.2499/9780896294394_35 |
| Language | English |
| Publisher | International Food Policy Research Institute |
| Publisher Place | Washington, DC |
| Access Restriction | Open |
| Rights License | CC-BY-4.0 |
| Subject Keyword | Exports Shock Policies War Coronavirus Covid-19 Agriculture Markets Trade Coronavirinae Russia Food Security Ukraine Conflicts Coronavirus Disease Prices Climate Change |
| Content Type | Text |
| Resource Type | Chapter |
| Subject | Agronomy and Crop Science Food Science Plant Science |
