Nevada Copper Corp NEVDQ

Global effect on copper miners and supply

[bogfit]

“Ukraine and Russia are major exporters of wheat, corn and oilseeds—staple food goods which are now at risk. Globally, these two countries export 26 percent of global wheat and 67 percent of sunflower seed, cottonseed and safflower oil, according to the International Trade Centre. These are vitamin-rich crops critical to daily nutrition that are used in everything from bread, cooking oil and livestock feed. Both countries are essential food suppliers for low- and middle-income countries in which tens of millions of people are already food insecure. Importing countries in the region are already seeing price surges—a trend that's expected to continue rippling out into neighboring regions.

tripled, resulting in millions unable to afford food. In Burkina Faso in West Africa, where already 20 percent of the population lived with hunger and more than 76 percent of income was spent on household food, millions of families were forced into hunger—many dropping from two meals per day to one. These economies are still closely tied today. In 2020, African countries imported nearly $7 billion worth of agricultural products from Ukraine and Russia. A significant enough prolonged price rise will reproduce the 2008 food crisis.

Unfortunately, the dominos that were felled by the invasion will continue to fall for months and possibly years to come, extending far beyond the borders of Ukraine. As we look at our responsibility to respond, all of us must call on the global community to assist with the long-term fallout of this—and all—conflict. The solution will look different from region to region and country to country, but the private and public sectors will need to immediately launch cooperative efforts to invest in long-term food security initiatives. We will need a truly global effort to ensure those living in hunger aren't the forgotten victims of war.”

https://www.newsweek.com/war-ukraine-global-food-security-crisis-opinion-1683791
 
 
Half of world's copper production is in nations that face food shortages.

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