Following COVID-19 and the war in Ukraine, global food prices surged. This matters because in most countries, food accounts for 25% of household budgets. Food prices shape voters’ political choices worldwide. Geopolitics is also reshaping agri-food trade. Trade disputes, logistical chokepoints, and regulatory barriers are fragmenting global supply chains, making them more expensive and less flexible.
Amid rising climate and geopolitical uncertainty, countries need to diversify production, suppliers, and trade routes. And this must be backed by reliable information systems, resilient infrastructure, and predictable trade rules.
Torero’s policy recommendations can be found in his writings, interviews, and LinkedIn posts.