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North Korea faces severe food shortages caused by UN sanctions, a COVID-19 border closure with China, a 2020 drought and typhoon damage. Kim Jong Un acknowledged the tense food situation at a June party meeting, and experts report people starving.
The article raises concern about malnutrition on a scale similar to the 1990s famine.
North Korea is a small grain importer, so the shortage has little direct effect on global feed or grain prices. The main effect is on aid and humanitarian grain flows.
aljazeera.comFrank SmithJul 1, 2021After 27 past geopolitics events, Rough Rice moved a median +1.9% over 5 sessions (67% higher; middle half -0.6% to +3.5%), and +4.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
