Food prices soar to record levels amid Russia-Ukraine war, supply disruptions

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Food prices soar to record levels amid Russia-Ukraine war, supply disruptions
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Prices for food commodities like grains and vegetable oils reached their highest levels ever in March 2022 because of Russia's war in Ukraine, the U.N. said.

FILE IMAGE - A worker selects a white bread loaf at a bakery in Beirut, Lebanon, on Thursday, March 31, 2022.Photographer: Hasan Shaaban/Bloomberg via Getty ImagesPrices for food commodities like grains and vegetable oils reached their highest levels ever last month because ofand the "massive supply disruptions" it is causing, the United Nations said Friday.

FAO said the war in Ukraine was largely responsible for the 17.1% rise in grains, including wheat and others like oats, barley and corn. Russia and Ukraine together account for around 30% and 20% of global wheat and corn exports, respectively.

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