News Snapshot:
World food prices jumped nearly 13 per cent in March to a record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Food and Agriculture Organisation’s (FAO) food price index, which tracks the most globally traded food commodities, averaged 159.3 points last month versus an upwardly revised 141.4 for February. The figure was previously put at 140.7, which was a record at the time. How the war in Ukraine has made the world a more dangerous place Russia and Ukraine are major exporters of wheat,...
