Global Food Prices Hit Three-Year High As War, Chokepoint Chaos And El Nino Spark Perfect Storm
The UN Food and Agriculture Organization’s Food Price Index climbed to a three-year high in July, extending its upward trajectory as conflicts across Eurasia (the Black Sea and the Hormuz chokepoint) disrupt critical trade routes and mounting El Niño risks threaten global harvests. The United Nations Food and Agriculture Organization’s FAO Food Price Index, which tracks […]
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