# Economic and food supply chain disruptions endanger global food security

> An IFPRI article in Science says COVID-19 has slowed the global economy and disrupted food systems across availability, access, utilization and stability. The IMF projects a 5% global economic contraction in 2020, which IFPRI models suggest could push 150 million people into extreme poverty.

- Date: 2020-07-30 · published 2020-07-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/52088-economic-and-food-supply-chain-disruptions-endanger-global-food-security
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower incomes reduce demand for food and feed in poorer markets while labour shortages disrupt supply chains. The overall effect on feed commodity prices is mixed and mostly indirect.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-12-01 | [Raw material commodity prices retreat as the global economy slows](https://feedsoft.ai/events/8184-raw-material-commodity-prices-retreat-as-the-global-economy-slows.md) | -6.2% | +0.5% |
| RICE | 2024-11-15 | [Agricultural Exports and Trade Policy Responses \| Economic and Political Weekly](https://feedsoft.ai/events/27371-agricultural-exports-and-trade-policy-responses-economic-and-political-weekly.md) | +3.4% | +2.1% |
| RICE | 2025-08-29 | [Rupee tumbles past 88 vs USD to record low as tariff concerns mount - The Economic Times](https://feedsoft.ai/events/23605-rupee-tumbles-past-88-vs-usd-to-record-low-as-tariff-concerns-mount-the.md) | +0.5% | -2.4% |
| RICE | 2016-08-14 | [Global prices, bumper crop, monsoon bring relief: Farm clouds begin to clear](https://feedsoft.ai/events/9954-global-prices-bumper-crop-monsoon-bring-relief-farm-clouds-begin-to-clear.md) | +6.2% | -1.6% |
| RICE | 2025-08-29 | [Rupee plunges to lifetime lows, breaches 88 mark against dollar as Trump's tariff pressure mounts - The Economic Times](https://feedsoft.ai/events/23604-rupee-plunges-to-lifetime-lows-breaches-88-mark-against-dollar-as-trump-s.md) | +0.5% | -2.4% |
| WHEAT | 2024-07-12 | [Global demand exceeds crop supply, says economist \| The Western Producer](https://feedsoft.ai/events/29600-global-demand-exceeds-crop-supply-says-economist-the-western-producer.md) | -3.9% | -2.9% |
| WHEAT | 2024-08-27 | [Grains, demand & supply \| ANZ](https://feedsoft.ai/events/28839-grains-demand-and-supply-anz.md) | +4.1% | +15.8% |
| WHEAT | 2022-08-15 | [Soy dives on China's economic uncertainty \| Financial Post](https://feedsoft.ai/events/6526-soy-dives-on-china-s-economic-uncertainty-financial-post.md) | -1.7% | -10.8% |

## Sources

- phys.org: https://phys.org/news/2020-07-economic-food-chain-disruptions-endanger.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.