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.