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U.N. agency warns Ukraine war could trigger 20% food price rise

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Reuters

By Crispian Balmer ROME (Reuters) – 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 Organization (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. 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 barl…

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