Global Food Prices , Are at Highest-Ever Levels , Following Russia’s Invasion of Ukraine.
Global Food Prices , Are at Highest-Ever Levels , Following Russia’s Invasion of Ukraine.
'The Guardian' reports food commodities cost a third more than they did last year.
The U.N.
Food and Agriculture Organization's (FAO) monthly food price index was published on April 8.
According to the report, global food prices reached their highest-ever levels in March.
'The Guardian' reports that Russia's war on Ukraine has affected Black Sea exports, .
'The Guardian' reports that Russia's war on Ukraine has affected Black Sea exports, .
Particularly from an area that typically produces over a quarter of global wheat exports.
World wheat prices shot up 19.7% in March.
The prices of maize, barley and sorghum also skyrocketed.
The prices of maize, barley and sorghum also skyrocketed.
The prices of maize, barley and sorghum also skyrocketed.
As a result, cereal prices have shot up 17% over the past month.
The prices of cooking oils and meats have also increased dramatically.
The prices of cooking oils and meats have also increased dramatically.
Russian exports have also stalled due to financial and shipping issues.
[Price] increases are the most noticeable in the countries where the share in disposable income spent on food is the highest.
In these cases, the most vulnerable are likely to skip meals, purchase less nutritious foods, or use other coping strategies, which will have longer term effects on their health and wellbeing, FAO spokesperson, via 'The Guardian'.
According to the FAO, prices are expected to continue to increase as the war in Ukraine rages on.
According to the FAO, prices are expected to continue to increase as the war in Ukraine rages on
