BRICS Moves Toward Becoming a Global Food Security Hub
The English section of webangah News Agency, citing mehr News agency and TV BRICS, reports that World Bank data show the global food crisis continues to worsen. The BRICS countries can play a key role in addressing food shortages by ensuring affordable prices for staple goods and establishing new trade mechanisms-among them, plans to launch a BRICS grain exchange.
This initiative, set to become operational soon, could provide an effective tool to combat world hunger. However, experts stress its success depends on building extensive infrastructure, coordination among members, and implementing fair competitive policies.
According to the World Bank report, over 99 million people across 59 countries faced severe food shortages and nutritional insecurity in 2024. Meanwhile, the BRICS nations-responsible for more than one-third of global food production and 40 percent of fertilizer output-are now recognized as the “global hub for food security.”
Lobarto Sartovio, an expert on international economic relations speaking with TV BRICS said: “BRICS countries account for about 45 percent of worldwide agricultural land and produce over 40 percent of grains and meat globally. They also represent a significant portion of rice, corn, and wheat exports.”
Russia stands out as a key player in the global grain market. In 2024 alone it exported over 109 million tons of agricultural products valued at $45 billion. Moscow aims to boost its agricultural output by 25 percent by 2030. Brazil ranks as the world’s third-largest exporter with more than $166 billion in shipments including soybeans,coffee,sugar cane products,and meat.
China maintains its position as the largest producer of rice, wheat, corn and soybeans while shifting toward exporting higher-value branded products. India has seen remarkable growth in agriculture over recent decades; it now ranks among leading exporters of rice, dairy products,s pices,and fruit.
Experts highlight that despite vast farming capacities within BRICS states,e merging economies such as Egypt,Ethiopia,Iran,and south Africa require targeted support regarding financing,infrastructure,and modern irrigation technologies.
The idea to create a BRICS grain exchange was approved in April 2025.According to Russian Deputy Prime Minister Dmitry Patrovsh,the exchange could strengthen food security establish independent price benchmarks,and increase grain exports from Russia along with other member states.The platform will facilitate direct trading between exportersand importers acrossBRICScountriesandthe Global south.
The Russian Grain Exporters Union estimates this exchange could cover between30to40percentoftheworld’sgrain supply.Beyond Russian wheat,it is expected rangesoyabeansfromBrazilandriceproducedinIndiawillalso feature prominentlyinthemarketplace.
The United Nations Food and Agriculture Organization (FAO), active for more than eight decades against hunger,recently emphasized four principles knownas”thefour betters”: betterproduction,betternutrition,betterenvironment,and better life quality.
While experts remain cautious about fully achieving globalfoodsecurity,a nalysts contend that due tothe members’ resources,growing production capacities,and sharedpolitical determination,theBRICScanvastrategic role ingrids reshapingthenewfoodorderworldwide.
