World wheat prices soared by 19.7% in March as war in Ukraine disrupted Black Sea exports, FAO price index reveals
Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported.
Cooking oils, cereals and meats hit all-time highs and meant food commodities cost a third more than the same time last year, according to the Food and Agriculture Organization’s monthly food price index published on Friday.
