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The Coming Food Catastrophe

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The widely accepted idea of a cost-of-living crisis does not begin to capture the gravity of what may lie ahead according to António Guterres, the UN secretary general. He warned earlier this week that the coming months threaten “the spectre of a global food shortage” that could last for years. The high cost of staple foods has already raised the number of people who cannot be sure of getting enough to eat by 440m, to 1.6bn. Nearly 250m are on the brink of famine.

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Timestamps
0:00 The Global Cost Of Living Crisis
1:19 Breadbasket Economies
1:30 How Important is Ukraine?
3:05 Reduced Production in China
3:25 Trapped Grain
5:01 How Big Is The Shortage?
5:45 The Fertilizer Shortage
7:08 Which Countries Will Be Affected?
9:47 The Food Shortage of 2007-2008
10:37 Sponsored Content
12:10 What Are The Solutions?
15:23 Watch Next

Written by Patrick Boyle

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  1. Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. https://www.patreon.com/PatrickBoyleOnFinance : Marc De Mesel, Nate Stapleton,Timothy Baird, WIlam, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, Callum McLean, Oscar, Simon Pena, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Pjotr Bekkering, Alex, Robert W Proudfoot, pooh shmoo, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Milan Tomic, Mark Hooker, Artem Vasenin, P H, Sebastian, Michal Lacko, Peter Bočan, Michael Pierce, V Jordan, Gil, HalfwitHam, Mark Brophy, Patrick T, David Urdenata, Juan Valdez, Bruce Roberts, Chad Norman, Bruce Roberts, Shamikh Rana, Friday Guy, Marc De Mesel, Augusto Ramos, Soy Boomer Doomer, Bob Slartabartfast, Robert Feiler, Camil Dbouk, Erik Montesinos, Matthew Loos, Az Indragiri, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, Kurt Johnston, Dominik Auerbach, Gurmeet Kaushal, John Hall, Dara Mo, Josef Goergen, Wilbert Cheng, Daniel Talero, Jaroslav Tupý, Trevor Lucey JB Weld, Alex, Carlos Figuera, Peter Pomelov, Null065, Rick Thor, MeBerzerk, Henry Nguyen, Sola F, The Collier, Carlos Mejia, J Wadia, Bitcoin OG, easy boekhouding, Albert, Eugene Jung, Oisin Quinn, Daniel Cervini, Jonathon Yong, Iris Ji, Emil Nicolaie Perhinschi, Charles, Eli Auto, Excks, Michael Li, Par Hedman, Praveen Mishra, Gerard Scott, joel köykkä, Areeb Ahmed, David Wang, Yazan Qaraqish, Rodolfo Cornetti, Daniel Winroth, johnny, Nick Jerrat, Chris Houston, Alastair Currie, Robert Griffin, Andrei, zizi Golo, Fab Vida, Constantin Petrenco, pawel irisik, NotAScam, James Halliday, 22 Dust, Carsten Baukrowitz, Heinrich, Arron T, Ben Brown, Stephen Mortimer (to The Moon), Ryan B. Hicks, Liam, Logan Vrankovic, William Heaton, Paul McCourt, Daniel, Aaryan Koura, Steven, Christopher Boersma, Ulf Lundblad, Dorothy Watson, Greg Blake, Simon Bone, Livermores Quant, The Collier Report, Scott Gardner, The Man Koala, Brian McCullough, Daniel S. Smith, Finance Student, Milton Danielsson, Julie, Mohammad Rehman, James Wallace, Daniel Poellmann, Edosa Odigie, Dixon Yuen, Marek Novák, Stamatis Drepaniotis Michael Smith, Ahmed Hamadto, Chris Davey, Mike Farmwald, Michael A. Mayo, Lachezar Georgiev, Kamet Batra, Bradley Johnson, Sagar Gudi, Michael Chessar, Kate ATL, Tong Cheung, Lady Dje, James Barnes, Chris Hall, Kurt Johnston, ICBM Catcher Juan Valdes, KernelSC, Linn Engström, Veltsh, Konrad P-kala, Pastacat, Adam Vorting, Matthew McQuade, Christopher Lesner, freebird, Kenneth WedMore Lund, erfective, Jason Young, Jonathan Kopnick, Peter Hendrickson, steel, Bastien, Tom Willett, Chris Whitehead, Anil Jason, JOJO, AS7, Greg Thatcher, Ezekiel Templin, Robert M Daily, MrLuigi1138 Grecia Bate, Leszek Frankowski, Nam Nguyen, Goutham, Karim THIBAULT, C, David R. Ingemi, Robert Wave, Dmitri Alexeev, Aaron Rose, Ethan Hernandez, Brett Turley, Claude Chevroulet, Adrian, Stephan Marosvary, Yigit Yargili Louis Julien, Jan Lukas Kiermeyer, Gearoid O Connor, Fredrick Saupe, Subliminal Transformation, Jason Horton, Alex McMahon, Adi, Ben, Kurt Mueller, Joaquin Madruga, Janusz Wieczorek, Federico Viscomi, Corgi, Mahdi, Burgerinn, Quinn Cone, Sam Doyle, QiKaiQian, Stephen, Joshua Rosenthal, Frank Yashar, Michael Smith, Emilian Marius Tudor, Julian Aßmann, Cormac, Ian Shearer, Theodosius the Elder, Michael Kopřiva, Tinni, Goran Milivojevic, chris, Joe Del Vicario, Alexandre Mah, ultima9, Norman A. Letterman, maRiano polidoRi, Andrew Steinborn, Stephan Prinz, Gary Yrag, Mattia Midali, Matthew Berry, Ann Williams, Jay T, Gabor, Florian Haas, Shivendra Saklani, Zachary Tu, Jeffrey, Lane Alan Deyoe, Chett Flynn Jonathan Horn, Mo Herbert, Lane Andrews, Justin Thuet, Olaf Thiele, Ivan Ilaev, Todd Gross, Andrea Russo, Douglas Caldwell, Devere, Wade Hobbs, Volodymyr Palii, James Hoctor, Gavotti SGP, Ryne Davis, Jean-Philippe Lemoussu, Keanu Thierolf, Grizzly Grey Bear, Muhammad, Michael Chow, Stefan Alexander, James Blandford, Miroslav Ognyanov, Scott Guthery, Vanya Davidenko, Oswaldo Caraballo Fermin, Arto Karhu, James Bache, Jason Harner, Dale Patch, Stefan Penner, Mick Jasny, Robin Talbot, Mischa Trunz, Arvid, Eric, Jonathan Metter, Niandis, Junhong Low, John Way, Maria Baker, Luke Solomon, Sharath Vulupala, Keith Elkin, Chris Nicholls, Pavlos Skevofylax, Luis Carmona, Vinci Chan, Olivier, Thomas Chan, Yasha, James Yoh, Eduardo Martinez, Christian, Adi Blue, W Fla, Swain Gant, georgejr, Stefan, hyeora, M1, Brian, old gambling art bag, Boussaken, Lukas Braszus, Vik, Chris Albertson, Rob Gundermann, Ming Chak Wong, Sprite_tm, Keith, Anurag Kumar, matt f, Douglas Caldwell and Yoshinao Kumagai

  2. So, in the UK what foods do you believe we will find it difficult to get?? I have seen lots of these videos but no one really states what food shortfalls will happen in what countries

  3. Russia is using this as a lever to lower sanctions. At the same time sending misinformation targetting the developing world to try and shift blame onto Ukraine and the West.

    In terms of other options if the blockade stays in place. There is rail through Poland and Romania that involves transfer at the border before transport to a Port as you mentioned. There are Ukraine river ports on the Danube that can transfer to barges and transport to Constanta port via the lower Danube river and canal system. But again there is limited capacity through there as it isn't set up that way.

    Lastly, there is a bit of a wildcard. If Belarus can be persuaded to allow passage of grain trains from Ukraine through it to Lithuanian ports that has the advantage of not requiring transshipment of the grain at the borders. So should be more efficient. Coming to an agreement with Belarus is probably more palatable than Russia itself, considering that Belarus forces aren't participating in the actual invasion, and with the movement of Russian forces to the east and away from the north isn't directly hosting supply lines and Russian forces for the invasion anymore.

  4. Well guys, as a citizen of Ukraine, I said that say all your thanks to the central EU leaders such as GER FR and ITA presidents or pr.ministers. They said that we must talk and leave Putler with face for his inner propaganda methods, they said we wont provide stronger sanctions for russia as its nuclear bomb advantage and fear of newborn Hitler from ruSSia. By the way methalurgical facility where Im working at was multiply hit by rockets yesterday. And im fine. Glory to Ukraine! Glory for Heroes!

  5. So Russia has f*** up the wholed world and German officials still s**k their money regardless of the consiquences…Okay personal gain against the whole world.
    Just remember that we all live in one world and under the same sky and if everyone is doomed so are you 😘

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