Ukraine war may trigger 20% food price rise: UN food agency

12 Mar 2022 • 11:30 AM MYT
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Ukraine war may trigger 20% food price rise: UN food agency

AMMAN – International food and feed prices could rise by up to 20% as a result of the conflict in Ukraine, triggering a jump in global malnourishment, the United Nations food agency said on Friday.

The Rome-based Food and Agriculture Organisation (FAO) said it was not clear whether Ukraine would be able to harvest crops if the war dragged on, while uncertainty also surrounded the prospects for Russian exports in the coming year, according to reports by Jordan news agency Petra.

FAO said Russia was the world’s largest exporter of wheat and Ukraine was the fifth largest. Together, they provide 19% of the world’s barley supply, 14% of wheat, and 4% of maize, making up more than one-third of global cereal exports.

Russia is also a world leader in fertiliser exports, it added. – Bernama, March 12, 2022