COVID-19 Export Restrictions Threaten Global Food Supply

An even greater threat to world food supply is looming

Across the world, countries are coming to terms with the economic devastation created by COVID-19 and measures taken to limit the virus’s spread. One aspect of the global economy that has been directly affected by the pandemic is the global food supply chain. Within the U.S., meat shortages have prompted presidential and congressional action, and across the world, staple crops such as rice and sugar have more than tripled in price. As a result, some countries have taken steps to limit exports of foodstuffs. If more countries enact these and other food protectionist policies, there could be an even greater threat to the global food supply chain.

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