The effects of pandemic lockdowns, related supply chain strains, and conflict in Ukraine are wreaking havoc on the world’s agricultural system. Readers have heard the likes of the UN warning that Middle Eastern countries are at “breaking points” as food prices hit record highs, and as of last week, the Rockefeller Foundation began the countdown (about six months) to a “massive, immediate food crisis.”
Now, Goya Foods CEO Bob Unanue has issued a similar warning:
In a Wednesday interview, Unanue told Fox Business’s Maria Bartiromo, in response to her question about a potential food shortage crisis.
Bartiromo then asked a series of questions, such as and
He warned about an imbalance in world food production, indicating
Unanue then spoke about
He went on to say, suggesting the US will be the last affected.
To the Unanue’s point, the dominos are already beginning to fall as inflation riots have already sparked socio-economic turmoil in Sir Lanka and Peru. Countries across Africa and the Middle East, many of which are importers of food, are experiencing soaring prices and imminent shortages.
Unanue’s interview is more proof the world’s agricultural system is fracturing and storm clouds are gathering.
Watch the full interview here.