Prices hit record high as war puts food security at risk.
World food prices are skyrocketing: International prices for major agricultural commodities reached a record high in February, the Food and Agriculture Organization of the United Nations (FAO) reported on March 4th.
The war in Ukraine could not only lead to severe food shortages in conflict hotspots but also cause food prices to rise even higher as the war is likely to impact wheat and fertilizer exports from the region.
This could also threaten food security in other regions, especially in the world’s poorest countries that rely on foodstuffs and fertilizers from Ukraine and Russia.
According to a new information note published by the UN food agency, the number of undernourished people could increase by up to 13.1 million people in 2022/23 if the reduction in food exports by Ukraine and Russia and the rise in food prices continue.