World food prices may rise by another 22% due to Russia's war in Ukraine
Due to hostilities, there will be problems with the supply of grain and sunflower
What happened. Record high global food prices could rise another 22% as Russia's attack on Ukraine stifles trade and lowers future harvests.
Source. The UN warns about this, reports Bloomberg.
Details. The agency's Food and Agriculture Organization report calculated the far-reaching effects of the war on the global food system, which will affect next season as well.
Ukraine and Russia together account for more than a tenth of all traded products worldwide, and these flows have been threatened since the start of the conflict.
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