Global Grains Dilemma Specifically Focusing on Wheat

Abstract

Global wheat crisis continues to be experienced, something that seems not to end any time soon with the causing factors remaining constant. The report highlights some of the factors that continue to influence wheat crisis across the world. Some of these factors discussed include the increased oil prices which continue to put more pressure on the production cost. There are also major producers holding stock policies that continue to influence the global wheat supply. Another factor discussed is geopolitical factor, specifically the continuing war in Ukraine, one of the biggest producers of wheat around the world. The report further focuses on government interventions, such as tariffs which come with a lot of restrictions that can influence wheat supply. Lastly, the report has focused on demand related to wheat, highlighting factors such as increasing population, growth of income especially in developing countries and values for the United States dollar.