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ah ah, the effects arriving food prices have rippled through the economy from governments and posing ice controls and trade restrictions to consumers cutting back in other areas as who takes up a growing chunk of their wallet. jack, this is especially true in emerging markets for food represent a large share of overall consumer spending. global food prices have now 3065 percent since the start of the covet pandemic. add that to the recent years of dry weather and has been the perfect storm for commodity food prices to rise. i'm because the i and you're watching the cost of everything with the price of everything that goes into producing crops as surging, which threatens to fan global food inflation even more. and even with the rising

food prices, farmers are facing increasingly tough margins. so let's take a quick look at the price of man goes over in australia, over the last decade, the cost to produce mangoes have doubled. so to mitigate farmers have taken steps like miniaturize the trees and reducing diesel consumption. but the current sort of crude oil is still crushing margins and it's not just oil, fuel, water, fertilizer and labor all for inputs have gone up in the past couple of years. prices for fertilizer, which is due for practically all crops, have risen dramatically in the past year. and in the us, farmers on average budget about $700.00 to $850.00 per acre for input costs for cheaper commodities, such as corn and soybeans. but in 2022, that number has hovered around $1150.00. so let's look at the average inflation of

basic input cost that goes into that $1150.00 for planted corn. you have a 5 percent inflation and chemicals like pesticides and err besides. then you have 13 percent inflation in seeds. since you have to have the latest varieties that are stronger or more resistant, machinery and equipment are also going to cost you an additional 18 percent than previous years. and then you have fuel and fertilizer that you're seeing 22 percent inflation with the rising diesel costs. and finally, labor. that's an additional 30 percent as everyone's basic cost of living has shot up. and we just need to keep up for some families to continue to work. now let's bring in some miranda mohan t asia regional director for international potato center joining us all the way from lima peru for more details. so to start off, which segment of the food supply chain is getting impacted the hardest? is it, the farmers, the grocers, or the processors?

i would say though, the most in back to you was not the people in the, in the supply chain, then i love merely getting impacted because in fact i just said that i did the input particularly fertilizer basis. and the base is there as well. and also on the top of that we have seeing the way that uncertainty is in many countries. i guess a lot to all these things happening in the family getting definitely impacted to that. then you have the thing to up nicely as i, i going to the can do was so the country was getting impacted. but one thing i would like to mention that there was in the country that being impacted lot more than that. you live in here because the way the food was assisting sector in terms of concentration there. you know, we have the record duffy glenn companies and the packing company in the us and use them. but you don't see that it is so much. so i don't think it's the end,

you know, in, i think in the us the, but i have been jacked by all these the food company and the company. and they're too big that the ice maker. but it is. yeah, they're all law. they're not as big guys. gotta get in there so they may get it, but i stick with the past, the vice. but we don't jacket up beyond that. so i would say the country and you must being impacted lot more than the developing countries just because the structure of the pacific industry and now how much more expensive is sustainable agriculture. and why is it so much more expensive to produce than their quote unquote unsustainable counterparts. we, i think, i don't think sustainable goes in the expensive than the unsustainable on 1st of all, the conventional factors that with conventional production system. but just just

remember that the, all our policies are kind of formulated to support the conventional systems that give 3 inputs, subsidized for ledgers. all these things are up to produce the basic staple there in the thing the back is and then got it. intensive in port applications to to get the model output then. so though it's mostly policy driven, other policy induced which is making a little expensive as compared to the conventional there. but it will give a level playing field, bullet, sustainable and and then it will be lot of money and expensive. for example, externally the happens in parts of if you have many parts of it, but people really are not with india, where the, where the job running right after that i saw that you have in the blood because the

windows. but he saw the plan that we only have 15 days to clear the fees and we did so they are forced to bond struggle. but that's the one thing i think millions of people, millions of people in daily surrounding area. so the next on the bottom left that wants to pay on the hill. so the lease and the plan, the next. so that partly policy spartley extra reality, which making the sustainable practices lot more expensive. it looks expensive on us and it will then, but i would say it completely free market, no policy intervention such and that will be it will not be any expensive though and the congress back. it seems that some of the inflated food costs are actually artificial. at least part of it, as it seems to be more so policy driven as the plans for a more sustainable food production system. so how much of the food inflation is

actually coming from policy? and is this move towards sustainable farming, decreasing yields? i think in the, in the sustainable back, this is one thing i would say when we was with the 5 was so small the, the cost in boston involved in the start when moving from conventional to sustainable. and eventually longer, there were benefits their father was really not looking for the longer they look at what is what happened to you after that you know what they do, they do back the sustainable practices, long term life. then you lose that much. they will be much less there, so everything will improve, the eel will increase. cost will decline it. but the problem is that i don't think sustainable back, this is particular that you love these diving, the depletion, the, you look in sustainable back, they said they come in being in terms of the loading for the best if i can,

because i don't think that be going to that is driven the car in for them to put phase inflation. we see it is driven policy driven, but it was partly given by the developing countries other, other parts of the one. they're taking those into 6 on the export back. the export ban. those federal thing that they didn't say thing different places, not the fact is that you have the policy is directed towards the distinction that including the basis you know, so not the back and now what crops are getting impacted the most by the rising input costs are farmers shifting into specific crops because they are easier and don't require as much fertilizer while yielding higher harvest. got it. i think it mostly the rising cost of the other things they're getting impacting. comes

mostly ice. they know it's nice in, in most part of it. then then eventually the next couple believe which has been back to them and many cases bottomless are moving to maybe less input intensive like length response is bullets in some cases, but that's not pretty wide scale as where the isolated cases where moving into some of these gums, and particularly that they moved to other jobs because of the ones in india, they're particularly india. they moved from ice to other go those months when deficit though. so they could not plan to military, but that as i said, that's where the isolated gifts not, not, not life skills. and they're separated from miranda mojave. thank you so much for and i now as base the commodities make their way down the supply chain on to your

table. let's take a look at the restaurant industry. restaurants are not being scared from these issues. on top of dealing with the surging inflation and food costs. operators have experience supply delays or shortages of key food ingredients. restaurants are now pay higher prices for many of their food items as their margins are being squeezed . profitability is down from pre pandemic levels. for the vast majority of restaurants. now away combat climate change be a secret driver of inflation. there is a theory that extreme was there might be a driving force or higher inflation, and we'll have more after the break. ah, ah luis to come to russia state to never. i've studied us on the most landscape with

baffled distal occlusal nighties. poop bags must be the one else holes goes about with we've will bad in the european union. the kremlin media machine, the state aren't russia today, and ortiz spoke back to even our video agency, roughly all dram, to on youtube. a question, did you see it with the just archipelago home of the to go san diego garcia, the largest island in new york and pal ago is now the location of a very large u. s. military. oh, you could go the magic hour. a u. s. government to make

a military base and just defaulted or the chunk of some people from their country. so they call it returned back on the island. no, no, but we are fighting. that's why i'm fat. we'll fighting for the right. so i, we do not consider the right to self determination actually applies to the trickle . since i don't the question of self determination, the legal advice we have received is actually that should go, since we're not at all, not a people. for me, it's done to move on and see what we can do. a for the child said community to return back home is knowledge support from the imagination type mission, african united nish. i don't care about douglas, said people when i was shown the wrong one, i just don't hold any world that he has to say. proud disdain

becomes the advocate. an engagement equals the trail. when so many find themselves worlds apart, we choose to look for common ground. ah took the bridge and pulling it up with them for to begin with the receipt of celia was this because it did just wouldn't make you a pretty new you would you like to wish that way? no, i'm reaching out to school and you have to do a study bluetooth ashima wishing that she you, when you movies for the woman was more william rhythm still from bush months to most of your mom to go out of your book, then you who with the continued almost

a month or so the lowest over there. what did some of our study to river carson brought? are you sort of shark finishes? he shows social school. do you do a selection of put your gums when you build 5? you use it for you? a see sure. sherman yes, on that with me. good climate change. a speaker driver of inflation. well, there is a theory that extreme weather worse than by climate change is a hidden cost of food inflation, which threatens to push up already high prices of food, heavy rainfall flooding heat ways and browse, erode agriculture infrastructure, and the workers ability to stay on the job. china has suffered multiple. c their

disruptions from flash floods to severe droughts, and earlier this year in august the country issued its 1st rout emergency as central and southern provinces suffered weeks of extreme heat exceeding 40 degrees celsius. now this has jeopardized. * production as rise is very sensitive to weather and nearly 60 percent of that is rain bed farming. in europe, dary and neat prices are rising as grounds dry out the land meant for raising and growing grain for feed. and meanwhile, historic rains and floods in europe and south korea that makes it hard for communities to rebuild and get back to work caused a massive delays in supply chains. so while extreme weather is affecting supply, research hasn't yet quantify the exact impact extreme weather has unemployment. and now we bring in, once again, some miranda mohan t asia regional director for international potato center. so 1st off,

now one countries crop yield is being affected most by this extreme weather we're seeing this year. you know, the ice now being impacted in many states, particularly in the bank like this. so the lot a lot of the cup in some key the ice going countries and now what about the livestock? are livestock also being affected by extreme weather lives there being directly back, they're going to be impacted to increase in the base. the ice place goes up, that's going to affect the phase and that's not many life fade, the 100 percent look nice, but example it in the, under the bus book and i said to dice and same time, 100 bucks and book and lies these exported to west african countries or india would export ban on 100 percent look advice to make sure they didn't feed the feed in the

country. so i will be back to it if the grants are impacted. and now we talk about the food inflation problem that we're facing today. where do you think the problem is mainly stemming from? is it policy driven, as farmers have less access to fertilizers and higher costs due to sustainable farming practices? or is it demand driven as there just to any mouse to feed? or is it supply chain driven? or something else entirely, or you would that, is it gonna be this all the most recently, it would be mostly due to the due to the supply stocks we asking due to the way the uncertainty in both if you will and america so, so, so these would be more driven by the way, the and then the, the, the reaction by the countries in terms of the putting intervention, particularly many indonesia, india would export band on with export ban on,

on, on 100 percent book and then export band some other type of price but those export tax on certain days in the if you would export ban on the internet, then if you cancel the order of different countries policy, the sticks and in to make sure that they're enough for a liberal in the domestic market. so that we don't put in place on this, but it all started, i would say going back to the beginning of the band to be when it started started with the logistics asportation level thought did this, then we have the one, you know, you can let that be back, there we go. and we've explored at export. so the site and now it was new weather. so it can be there. so everything is going to call them and they've been having their current level of globally. so it's really like

the perfect storm. yeah, exactly. and the thing is that the dog has already these the peak in the country, particularly us and you know, but the dog is body know, starting the beginning will be picking out a couple of months and wants to big. they'd always lack between the, the price this bonds in the, in the latest, once in the because a lot of asian country to only think of into the united states and just like export act, export ban and keep go mystic law for the wise. so we are seeing that lack there, so we have to put money in the lower prices continue to fun. they don't see the price is big and the start. but that's the main to see what happens with a global base. the united nation world food program, though they have come out to say that this crisis is actually about affordability, meaning that there is foot available,

but that these prices are just really hot. so do you agree or is it just putting a nicer spin on things? no, i think it was the 6 of the society the what was that impacted by the full price increase and affordable if they can come into the play that but they have a lot of social safety net or you talk about india, that is where the places are subsidized on the income group and so they have, they have not been impacted by the affordable but so much. but it actually got a big, big play because a lot of them there that impacted by the global sizes so. so i think that that plays into legend part of the world different and thank you so much. sal miranda mohan paper being here with us today. now, who are the winners and losers of the actual food prices?

food prices have hit their highest rate of growth in some 43 years, and unfortunately it is hitting the low income people the hardest as food eats into a greater percentage of their budgets. now between july of 2021 to july of 2020 to the price of eggs jump. 38 percent. coffee jumped 20 percent chicken. 16 percent bread, 13 percent. so as anyone really when a here while. yes. because the money always flows upstream and many other couple companies making fertilizer are boosting their bottom line. monsanto is also building stronger though controversial feeds poll. tash and tara are selling fertilizer to boost crop yields. so those industries are in a good position as the overall global food supply is shrinking relative to demand as the world population grows. so how long is food inflation going to last?

well, it looks like it's here to stay for the foreseeable future as so many policies are unintentionally yielding lower crop harvest. food prices will continue to increase in the near can, but should be sometime in 2023 as supply stabilizer and farmers invest in to expanding their acre again, thanks for watching. i'm from the i and i see a next time right here on the cost of everything with a, a, [000:00:00;00] a

nuclear bomb up here and you know, in a border with you, but you might look on the lips. most schools, if you look on the initial, be one of club significant dealer post on a diaz can use to put value a new due date or change. but you also still listed on those a mostly i didn't so much of that going to thought that i've gone with you, but i see the student both who's the little gear motivation says diesel tutorial, gumbo sub with a, with the claims of the king of the belgians,

leopold the 2nd to the congo were finally authorized by the leading european countries in 18. 85 in the very heart of the african continent. a state under the rule of the belgian monarch was declared since the beginning, the congo free state was total. may him for the local population and functioned as a universal concentration camp. the majority of the population, including women and children, were forced to work on the rubber plantations. those who failed to fulfill their quota were beaten and mutilated. to keep the congolese people under control. the king set up the so called for spook leak, which were punitive detachments that cast terror on the captured country and its inhabitants. fearing that their subordinates would simply waste bullets hunting for wild animals. the officers demanded that the soldiers gave an answer for every bullet used, and as proof presented a chop hand of an african,

it was not uncommon when trying to justify the use of the ammunition. the colonist amputated the hands of not only those who were dead, but also of those who were kept alive. the atrocious exploitation of the congo turned into a real genocide. in only 20 years, the policy of the belgians led to the death of nearly 10000000 people alongside the holocaust, that genocide of the congo population is considered to be one of the grimmest pages in the history of mankind. oh is your media a reflection of reality? ah, in the world transformed what will make you feel safer? isolation for community. are you going the right way?

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in cooper. i left this with this. i'm off goes on pastor, those are the u. s. accuses washington of giving approval to keep track on russian territory as good in the areas. and that's bar once again, shells by euclid, impulses, large, mirror and troops shop offices were located right here on the 2nd floor and no one was inside. one happened early just research group found the alarm over roy's in number of christians killed in africa because of their fate. i made the concerns of