Fried chicken, french fries, chicken nuggets, shrimp tempura…these are only a few of popular fried foods in the world.
But what happens if we can’t eat them as often as we want?
There have been reports lately of cooking oil shortage which results in higher prices.
Poor harvest due to climate change, supply chain issues caused by the COVID-19 pandemic, and Russia’s invasion of Ukraine have been mentioned as factors for creating food production shortages across the globe, with cooking oil being the latest product impacted.
So with higher cooking oil prices, consumers should expect to pay more for different food products that use oil, and higher menu prices when dining out.
OILY FACTS:
China and Japan produced the first oil as early as 3000 B.C., soybean oil.
In 2021/2022 statistics, Indonesia was the leading oil exporting country with an export volume of about 28 million metric tons. Malaysia came in second place.
According to the Mayo Clinic, the Harvard School of Public Health and the Canola Council of Canada, canola oil is high in good fats, low in bad fats, cholesterol free, and a source of Vitamin E.
Comments