Balanced Reporting. Trusted Insights. Tuesday, June 28, 2022

Items Tagged with 'palm oil'

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A vegetable oil crisis in the making around the world

When the Russian military invasion cut off Ukraine’s ability to export sunflower oil and wheat, it helped push “a cascading food crisis around the world,” according to a spokeswoman for the U.S. Agency for U.S. Agency for International Development. Now Indonesia, which last week banned the export of palm oil, is exacerbating the conditions that are driving global shortages and price spikes of vegetable oil.
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