UN Reports War in Ukraine Could Trigger up to 22 Percent Rise in Food Prices Worldwide

UN Reports War in Ukraine Could Trigger up to 22 Percent Rise in Food Prices Worldwide
A combine harvester loads a truck with wheat in a field near the village of Hrebeni in Kyiv region, Ukraine, on July 17, 2020. Valentyn Ogirenko/Reuters
Bryan Jung
Updated:

The UN Food and Agriculture Organization (FAO) reported on March 11 (pdf), that international food and feed prices could rise by up to 22 percent due to the conflict in Ukraine, which may lead to a rise in malnourishment in less developed countries.

Total global food output has fallen since the Russian invasion of Ukraine in late February, resulting in a sudden and steep reduction of food from exporting nations.

Food prices have already been going up since the CCP (Chinese Communist Party) virus pandemic hit in 2020.

Several food exporting nations worldwide are announcing additional food export restrictions, or are considering bans to protect their domestic supplies.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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