From Sweden and Norway to India and Indonesia, states are holding back increasing quantities of rice, wheat and other staples as insurance against a world they increasingly view as unstable.
The return of food stockpiling reflects a convergence of shocks: pandemic disruption, a general sense of global unease with the war in Ukraine and recent conflicts in Gaza, Venezuela and Iran, climate volatility and the renewed weaponisation of trade. It also exposes a deep faultline in global economic thinking, explains the FT’s commodities correspondent, Susannah Savage.
#food #foodstock #globaleconomy #globaltrade #geopolitics #commodities #shortsvideo #shortfeed #shorts #shortsviral #shortsyoutube #shortsvideos
Produced by Paolo Pascual.
► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes
► Follow us on Instagram: https://www.tiktok.com/@financialtimes
