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Latin America Covid-19: Rising Risks Of Disruptions To Global Food Supply Chains And Of Food Protectionism

机译:拉丁美洲Covid-19:全球食品供应链中断和食品保护主义的风险上升

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摘要

1. As the coronavirus outbreak continues to expand, risks of disruptions to the global food supply chain are rising, from production to trade. 2. Some countries could resort to trade restrictions or aggressive stockpiling in a bid to safeguard food security, which could quickly escalate and support grain and oilseed prices. 3. A number of key suppliers, such as Vietnam, Kazakhstan and Russia, have limited or are considering limiting food exports. 4. Despite ample supplies of staple grains and oilseeds in key exporting countries, rising trade disruptions, particularly the implementation of export restrictions, could lead to a fast re-acceleration of food price inflation in 2020. As the Covid-19 (coronavirus) outbreak continues to expand and governments implement increasingly strict measures to contain the spread of the virus, risks of disruptions to the global food supply chain are rising. We note that lockdown measures are now widespread in Developed Markets, but are also likely to be implemented in emerging markets in the coming weeks as the contagion accelerates in those countries. We see risks at all levels of the supply chain, from production to trade. These could impact agriculture prices and may lead to a re-acceleration in food price inflation globally.
机译:1.随着冠状病毒的爆发继续扩大,从生产到贸易的全球食品供应链中断的风险正在增加。 2.为了保护粮食安全,一些国家可以诉诸贸易限制或激进的储备,这可能会迅速升级并支持谷物和油籽价格。 3.越南,哈萨克斯坦和俄罗斯等一些主要供应商已经限制或正在考虑限制粮食出口。 4.尽管主要出口国的主粮和油料籽供应充足,但贸易中断加剧,特别是实施出口限制,可能导致2020年食品价格通胀迅速加速。随着Covid-19(冠状病毒)的爆发继续扩大,各国政府采取越来越严格的措施来遏制病毒的传播,破坏全球食品供应链的风险正在上升。我们注意到,锁定措施目前已在发达市场中广泛使用,但随着这些国家的蔓延加剧,在未来几周内也有可能在新兴市场中实施锁定措施。我们看到从生产到贸易的供应链各个层面都存在风险。这些可能会影响农产品价格,并可能导致全球食品价格通胀再次加速。

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