Global food prices reached an all-time high in March as Russia's invasion of Ukraine caused a "shock" in the markets for staple cereals and vegetable oils, the UN Food and Agriculture Organization (FAO) said on Friday.
The disruption of export flows resulting from the February 24 invasion and international sanctions against Russia has sparked fears of a global famine crisis, especially across the Middle East and Africa, where the negative effects have already manifested. [RUSSIA AND UKRAINE, WHOSE VAST GRAIN-GROWING AREAS ARE AMONG THE WORLD'S MAIN SUPPLIERS, ACCOUNT FOR A HUGE SHARE OF THE WORLD'S EXPORTS OF MANY IMPORTANT COMMODITIES SUCH AS WHEAT, VEGETABLE OIL AND CORN.
(CNA)
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