https://sputnikglobe.com/20220527/crisis-in-ukraine-reportedly-contributes-to-baby-formula-shortage-in-us-1095828078.html
Crisis in Ukraine Reportedly Contributes to Baby Formula Shortage in US
Crisis in Ukraine Reportedly Contributes to Baby Formula Shortage in US
Sputnik International
WASHINGTON (Sputnik) – The conflict in Ukraine is exacerbating the current baby formula shortage in the United States because sunflower oil is a key... 27.05.2022, Sputnik International
2022-05-27T14:34+0000
2022-05-27T14:34+0000
2022-05-27T14:35+0000
us
ukraine
baby formula
https://cdn1.img.sputnikglobe.com/img/07e6/05/0e/1095503987_0:157:3073:1885_1920x0_80_0_0_46acf47dad1b72803ee578ec4e6d1f7b.jpg
Ukraine is the world's largest exporter of sunflower-seed oil, which many manufacturers use in baby formula products as a source of important fats, the report said, citing data from the US Department of Agriculture. The blockade of Ukrainian ports has curbed exports of this oil, the report added.Businesses are trying to find alternative ways to get sunflower oil or to find new recipes with similar oils instead, industry experts noted.In April, a metric ton of sunflower oil cost over $2,200, while the February price was about $1,500, the report noted, citing the World Bank.“It does just add an additional cost, complexity and in some cases delays,” explained Lyman Stone, director of research for Demographic Intelligence, which consults for formula manufacturers.Earlier in May, the Biden administration invoked the Defence Production Act to boost production of infant formula and to use US military cargo airplanes in order to expedite overseas shipments of the product. Since then, at least 1.5 million eight-ounce bottles of infant formula have been transported from Switzerland to Indiana to help alleviate the shortages.However, the White House has no plans to use this act for sunflower oil, the Wall Street Journal said, citing a senior administration official.
https://sputnikglobe.com/20220523/new-york-city-mayor-declares-emergency-over-shortage-of-baby-formula-1095713605.html
ukraine
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2022
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
us, ukraine, baby formula
us, ukraine, baby formula
Crisis in Ukraine Reportedly Contributes to Baby Formula Shortage in US
14:34 GMT 27.05.2022 (Updated: 14:35 GMT 27.05.2022) WASHINGTON (Sputnik) – The conflict in Ukraine is exacerbating the current baby formula shortage in the United States because sunflower oil is a key ingredient, the Wall Street Journal said on Friday, citing officials and experts.
Ukraine is the world's largest exporter of sunflower-seed oil, which many manufacturers use in baby formula products as a source of important fats, the report said, citing data from the US Department of Agriculture. The blockade of Ukrainian ports has curbed exports of this oil, the report added.
Businesses are trying to find alternative ways to get sunflower oil or to find new recipes with similar oils instead, industry experts noted.
In April, a metric ton of sunflower oil cost over $2,200, while the February price was about $1,500, the report noted, citing the World Bank.
“It does just add an additional cost, complexity and in some cases delays,” explained Lyman Stone, director of research for Demographic Intelligence, which consults for formula manufacturers.
Earlier in May, the Biden administration invoked the Defence Production Act to boost production of infant formula and to use US military cargo airplanes in order to expedite overseas shipments of the product. Since then, at least 1.5 million eight-ounce bottles of infant formula have been transported from Switzerland to Indiana to help alleviate the shortages.
However, the White House has no plans to use this act for sunflower oil, the Wall Street Journal said, citing a senior administration official.
