ANI
13 May 2022, 09:55 GMT+10
Beijing [China], May 13 (ANI): Deluges and strict lockdowns in China have disrupted farming in a way that country's winter wheat harvest next month remains one of the big uncertainties in a global economy that is already struggling with high commodity prices.
If the Chinese harvest is bad in the coming weeks, it could drive food prices up further, compounding hunger and poverty in the world's poorest countries, reported the New York Times.
Flood last autumn in China has left the soil waterlogged. The wheat due to this reason is not able to take root easily. In addition to this, Ren Ruixia, a 45-year-old farmhand said that the coronavirus lockdowns imposed by the Chinese government have also delayed the arrival of fertilizers.
This adequacy of food supplies has long been a top issue in China. The legacy of Mao Zedong, the founder of the People's Republic of China (PRC), was marred by disastrous agricultural experiments that led to tens of millions of people dying of famine in the early 1960s. Many stern rules wreaked havoc in China. One of them was maintaining the national target for acres under cultivation.
Rules required that a large share of the country's acreage, 463,000 square miles, larger than Texas, be farmed. Rural villages are sometimes bulldozed to maintain the national target for acres under cultivation.
Joseph W. Glauber, a senior research fellow at the International Food Policy Research Institute in Washington said, "China has a sizable stockpile of wheat for emergencies. But some of the wheat may be fit only for animal consumption given the poor storage."To add fuel to fire, the situation in Jilin Province which saw stern COVID lockdowns also worsened. Many families were barred from leaving their apartments to go grocery shopping. They have struggled to find enough food. This nervousness by China about its food stocks could ripple through the global supply chain, as per the media outlet.
China has the world's largest foreign currency reserves, so it has the ability to buy as much wheat as it needs in world markets. But doing so could push the price of wheat even higher, making it unaffordable in many poor countries.
Another reason for the food crisis is the war in Eastern Europe. The blockade on ports in Ukraine, a leading grain exporter long known as Europe's breadbasket, is raising grave concerns over a "global hunger crisis". (ANI)
Get a daily dose of Nigeria Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nigeria Sun.
More InformationGUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
NEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...
WASHINGTON D.C.: Reuters has reported that US President Joe Biden's nominee for a federal judge position in Kansas, Jabari Wamble, ...
WASHINGTON D.C.: Jennifer Homendy, head of the US National Transportation Safety Board, has said the US will investigate recent near ...
MIAMI, Florida: Four Chinese citizens living in Florida have sued the state over a new law barring citizens of China ...
Latest developments South African President Cyril Ramaphosa will investigate U.S. allegations that a Russian ship had collected weapons from a ...
Harold Varner III made a short birdie putt at the 18th hole to win his first LIV event, prevailing at ...
The Kansas City Royals took advantage of a ninth-inning error to rally for a 3-2 win over the visiting Washington ...
Latest developments South African President Cyril Ramaphosa will investigate U.S. allegations that a Russian ship had collected weapons from a ...
Tel Aviv [Israel], May 29 (ANI/TPS): Israeli Prime Minister Benjamin Netanyahu announced at Sunday's weekly Cabinet meeting the creation of ...
Dubai, United Arab Emirates - Saudi Arabia and the United States called on Sunday for the extension of a cease-fire ...