The price of vegetable oil has shot up by an average of two-thirds since the start of the pandemic. Here's the trend over the past two years:
Ukraine is a fairly big exporter of both raw grain and seed oils, and a long, grinding war might well have a big effect on supplies of both. This is bad for Ukraine, of course, but also bad for poor countries that are already feeling the pinch of high prices for vegetable oils.
Once again… globalization is a failure.
Screw Africans.
NAIROBI, Kenya — Since the days of Nelson Mandela, South Africa’s leaders have rejected American criticism of their friendships with autocrats like Fidel Castro of Cuba and Muammar al-Qaddafi of Libya, whose countries backed them during the most desperate moments of the anti-apartheid struggle.
Now South Africans are defending their loyalty to another autocrat — Vladimir V. Putin — and sitting out the global outcry over his invasion of Ukraine.
ALL "Africans"? Or just South Africans, and I'm assuming this would be largely white South Africans?
https://www.nytimes.com/2022/03/03/world/africa/russia-ukraine-eritrea-africa.html
It appears not just “white South Africans”.
Ok, but wtf has Putin ever done for South Africans?
The price of olive oil is going down and that's the only one I care about.
Amen
So's rapeseed oil, aka "canola" (for "Canadian" veg. oil), which is what I use the most of.
Wars and droughts in other parts of the world have hurt food production. The loss of Ukrainian production a small percent of world production, will affect those counting on them and also means there's less slack in the system to respond to crop failures elsewhere.
Then there's fertilizer production that the world relies on....