An international expert in global food security is visiting Canada this week to urge officials to continue investing in agriculture, warning that the continued Iranian blockade of the Strait of Hormuz has upended supply chains in the middle of planting season in many countries.
Ismahane Elouafi, the executive managing director of the world’s largest publicly funded agricultural research network, CGIAR, said the closing of the strait is driving up the prices of oil and fertilizer, which means less productivity, higher costs for farmers and rising food prices − economic pain that will be felt a few weeks from now.
