How Global Conflict, Drought Have Led to Rising Food Prices


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Global food prices are surging at the fastest pace ever as the war in Ukraine has disrupted crop supplies, piling up more inflationary pain on consumers and worsening a global hunger crisis. The agricultural commodity market has been an area to watch lately, given worries over the growing global food crisis and rising prices. Globally, conflict can be the main cause of hunger, accounting for 65 percent of those who are food insecure and hungry today. "Conflict tears families, communities, infrastructures, food systems, and entire regions apart," says Santiago 'Jimmy' Mellado, CEO of humanitarian aid organization Compassion International. Russia and...