What Food Shortages Are Coming 2024. A report by standard & poor’s predicts the food crisis will last through 2024 and possibly beyond. According to the 2024 global report on food crises, nearly 282 million people in 59 countries and territories experienced high levels of acute hunger in 2023 — up 24 million from the previous year.

The economist isabella weber has proposed maintaining the food equivalent of a strategic petroleum reserve, to buffer against shortages and ease inevitable bursts. Analytics firm everstream listed agricultural commodity shortages as one of its top supply chain risks in 2024, citing in part production halts in 2023 during a.