Coronavirus Threatens Food Security in Sudan

Food security in Sudan is facing a new crisis with the precautionary measures taken by the state to curb the spread of the novel Coronavirus. Reuters
Food security in Sudan is facing a new crisis with the precautionary measures taken by the state to curb the spread of the novel Coronavirus. Reuters
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Coronavirus Threatens Food Security in Sudan

Food security in Sudan is facing a new crisis with the precautionary measures taken by the state to curb the spread of the novel Coronavirus. Reuters
Food security in Sudan is facing a new crisis with the precautionary measures taken by the state to curb the spread of the novel Coronavirus. Reuters

Food security in Sudan faces new challenges as the government takes restrictive measures on stemming the spread of the novel coronavirus.

The measures have greatly affected producers especially those working in the agriculture sector, which represents 44% of the Sudanese economy.

The curfew imposed on producers in the agriculture and industrial sectors threatens the future of food security in the African country, where preparations for summer seasonal crops are usually made in April and May.

Sudan's Ambassador to Italy and Permanent Representative to UN agencies in Rome, Abdul Wahab Hijazi, said that with the Sudanese capital, Khartoum, entering full lockdown there is a desperate need to rush completing agriculture tasks for the upcoming summer season.

Hijazi warned that the shutdown harshly affects small-scale producers and farmers as they are the most vulnerable.

The agricultural sector is one of the largest economic sectors in Sudan with 80% of the population depending on agriculture. The sector participates with 44% of the gross domestic product and is the main driver of agricultural industries.

Official reports indicate that Sudan has about 200 million acres of arable land, of which only 25% is used.

The Sudanese cabinet of ministers had formed a supreme committee tasked with having the summer seasonal crop thrive by providing needed aid to farmers.

Meanwhile, the Sudanese undersecretary for the Ministry of Agriculture and Natural Resources, Abdul Qadir Turkawi, played down the impact of the state’s COVID-19 measures on the progress of operations for the country's agricultural season.

He told Asharq Al-Awsat that the ministry, last March, started importing seeds and fertilizers in cooperation with the Sudanese Agricultural Bank.

“The situation is reassuring for the success of the agricultural season despite the difficulties encountered,” Turkawi said, clarifying that the global slowdown due to the coronavirus will affect only the import of a few seeds, because most seeds are produced locally through the Arab Company for Seeds Production.



Oil Steadies as Market Awaits Fresh US Tariffs

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
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Oil Steadies as Market Awaits Fresh US Tariffs

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo

Oil prices were little changed on Wednesday as traders remained cautious ahead of US tariffs due to be announced at 2000 GMT, fearing they could exacerbate a global trade war and dampen demand for crude.

Brent futures were down 7 cents, or 0.09%, at $74.42 a barrel by 0858 GMT. US West Texas Intermediate crude futures fell 5 cents, or 0.07%, to $71.15.

The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no detail on the size and scope of the trade barriers, according to Reuters.

Trump's tariff policies could stoke inflation, slow economic growth and escalate trade disputes.

"Crude prices have paused last month's rally, with Brent finding some resistance above $75, with the focus for now turning from a sanctions-led reduction in supply to Trump's tariff announcement and its potential negative impact on growth and demand," said Ole Hansen, head of commodity strategy at Saxo Bank.

Traders will be watching for levies on crude imports, potentially driving up prices of refined products, he added.

For weeks Trump has touted April 2 as "Liberation Day", bringing new duties that could rattle the global trade system.

The White House announcement is scheduled for 4 p.m. ET (2000 GMT).

"The balance of risk lies to the downside, given that weaker than expected tariff measures are unlikely to drive a significant rally in Brent, while stronger than expected measures could trigger a substantial selloff," BMI analysts said in a note.

Trump has also threatened to impose secondary tariffs on Russian oil and on Monday he ramped up sanctions on Iran as part of his administration's "maximum pressure" campaign to cut its exports.

"Markets likely to be volatile ahead of the final announcements on tariffs and the scale of them. The threat of secondary tariffs on Russian crude continues to provide some support for prices, with more downside risk at present around tariff uncertainty," said Panmure Liberum analyst Ashley Kelty.

US oil and fuel inventories painted a mixed picture of supply and demand in the world's biggest producer and consumer.

US crude oil inventories rose by 6 million barrels in the week ended March 28, according to sources citing the American Petroleum Institute. Gasoline inventories, however, fell by 1.6 million barrels and distillate stocks were down by 11,000 barrels, the sources said.

Official US crude oil inventory data from the Energy Information Administration is due later on Wednesday.