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BRICS Emerges as Global Food Hub Amid World Hunger Crisis

BRICS nations are stepping up as crucial players in global food security. These countries control more than one-third of world food production and over 40% of fertilizer output. A proposed BRICS grain exchange aims to create independent price indicators and streamline international trade. Despite infrastructure challenges, this initiative could reshape food markets and improve access for millions facing hunger.

Key Points: BRICS Nations Lead Global Food Security With New Grain Exchange

  • BRICS nations produce over 40% of global grain and meat supplies
  • New grain exchange aims to consolidate 30-40% of key crop supplies
  • World Bank reports 99.1 million face acute food shortages globally
  • Initiative faces infrastructure and pricing structure challenges
2 min read

BRICS emerges as new global hub of food security

BRICS countries control over 40% of global food production as new grain exchange aims to stabilize prices and improve access for 2.6 billion people facing food insecurity.

"The BRICS countries are a pillar of global food security - Lubarto Sartoyo"

Moscow, November 17

The global food crisis continues to intensify, with new World Bank data showing sharp increases in food insecurity and inflation across low-income regions.

Experts say BRICS nations, already major agricultural powerhouses, are now positioned to play a decisive role in stabilising food prices and improving access to essential commodities, TV BRICS reported.

A proposed BRICS grain exchange, expected to create independent price indicators and streamline trade, has emerged as a central element of this effort.

Food insecurity remains one of the world's most persistent challenges. Despite producing enough calories globally, experts note that delivery, affordability and fair distribution continue to lag.

The World Bank's Global Report on Food Crises 2024 found that by July 2024, "around 99.1 million people in 59 countries faced acute food shortages, hunger and forced migration." Rising food inflation has also left 2.6 billion people unable to afford a balanced diet, TV BRICS noted.

It further mentioned that within this context, BRICS nations, responsible for more than one-third of global food production and over 40 per cent of fertiliser output, have become central to global food security discussions.

As expert Lubarto Sartoyo noted, "The BRICS countries are a pillar of global food security, more than 45 per cent of the world's agricultural land, over 40 per cent of grain and meat production, more than 35 per cent of rice, 30 per cent of maize and over 25 per cent of wheat."

As reported by TV BRICS, the proposed grain exchange, supported by BRICS ministers in April 2025, aims to consolidate 30-40 per cent of global supply in key crops. Russian Deputy Prime Minister Dmitry Patrushev has emphasised that the platform will enhance food security and facilitate direct trade between exporters and buyers in the Global South.

However, the initiative faces hurdles including infrastructure needs, an independent settlement mechanism and competitive pricing structures.

According to Sartoyo, "The main challenge will not be the global shortage of food, but its economic and physical accessibility for the poorest segments of the population."

Experts remain cautiously optimistic. Strengthened BRICS cooperation, expanded logistics and new trade mechanisms, they say, could help reshape global food markets and determine the quality of life for millions.

- ANI

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Reader Comments

R
Rohit P
Hope this grain exchange actually benefits Indian farmers with better prices. Too often middlemen take all the profit while farmers struggle. Let's see if this initiative changes that.
A
Ananya R
While I appreciate the initiative, I'm concerned about the infrastructure challenges mentioned. India needs to invest more in cold storage and transportation to make this work effectively. The intentions are good but execution matters most.
V
Vikram M
BRICS cooperation in food security is exactly what the world needs right now. With India's agricultural expertise and Russia's resources, we can create a more stable global food system. Jai Hind! 🙏
S
Sarah B
Interesting to see BRICS taking this initiative. As someone working in development, I hope this addresses the real issue of affordability rather than just production. The statistics about 2.6 billion people unable to afford balanced diets are heartbreaking.
K
Karthik V
The grain exchange idea is promising but let's not forget about sustainable farming practices. India should push for organic and climate-resilient agriculture within BRICS framework. Our future depends on it.

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