World Bank warns pandemic could pressure food supply chain | Malay Mail

The World Bank Group logo is seen on the building of the Washington-based global development lender in Washington on January 17, 2019. — AFP pic

Prices of agricultural commodities are likely to hold up better than oil, metals and other industrial materials that have seen demand plummet amid lockdowns and other measures to combat Covid-19, the World Bank said in a report. But while prices are expected to remain “broadly stable” this year “as production levels and stocks of most staple foods are at record highs,” the bank warned that producers could “face disruptions to the trade and distribution of inputs such as fertiliser, pesticides, and labour availability.”

“Although these measures have not yet been used widely, they could lead to problems if they are used extensively,” the report said.

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