Ukraine war, EU farmer protests will hit global food supply chains

If the global energy crisis as a direct manifestation of now five-month long Ukraine war was not enough, then the ongoing farmer protests in Europe, triggered off by emission cut proposals by Netherlands government, will hit at the food supply chains, and deliver a double whammy on world economy.

Faced with growing protests, the EU will have to balance its food security with the green environment or else not only the repercussions of this agitation will hit at the global food chain and drive inflation further in affected countries. With oil prices at a all time high due to sanctions on Russia and West Asia oil producers making a windfall profits by curtailing production, any hit at the global food supply chain will sink smaller economies and Sri Lankan crisis will be replicated in other continents.

While the Ukraine war has become a battleground for Russia and the Western bloc, a massive farmers’ protest, triggered by proposals to clamp down on emissions of known pollutants from intensive livestock and crop production systems, is gaining momentum in the Netherlands.