Covid-19 and Food Security: Impact on Wheat

Abstract

The new coronavirus, emerged in Wuhan, China in December 2019, turned into a major global pandemic and has caused many deaths around the world. Covid-19 pandemic has adversely affected every aspect from economy, education to health system. During Covid-19 pandemic, access to foodstuffs has become even more important, and some countries have imposed restrictions on exports of basic food items for fear of food shortages. These restrictions and quotas are feared to disrupt the flows of trade for staple foods such as wheat, corn and rice, which has deepened the concerns for food security. This study was conducted to examine the effects of the Covid-19 pandemic on wheat price, production and trade and to review the policies of wheat exporter countries. According to the results of the study, Covid-19 did not cause fear in wheat markets, and no shortages of wheat are expected in the short term. Although countries have reduced the measures they have taken as of May, uncertainties regarding food safety still persist for the coming years. World economies have shrunk significantly as a result of the drastic measures they have taken against covid-19, which could worsen the situation for low income households.