Global food prices rise after Russia ends grain deal and India restricts rice exports

Global food prices rise after Russia ends grain deal and India restricts rice exports

Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia pulled out of a wartime agreement allowing Ukraine to ship grain to the world, and India restricted some of its rice exports, the U.N. Food and Agriculture Organization said Friday.

The FAO Food Price Index, which tracks monthly changes in the international prices of commonly traded food commodities, increased 1.3% in July over June, driven by higher costs for rice and vegetable oil. It was the first uptick since April, when higher sugar prices bumped up the index slightly for the first time in a year.

 

Global food prices rise after Russia ends grain deal and India restricts rice exports

Fighters Held In Syria

10,000 Islamic State fighters continue to be held in detention…
Global food prices rise after Russia ends grain deal and India restricts rice exports

Reservations about Iran Nuclear Deal

Israel told the United States it has serious reservations…

Industrial Internet of Things

Have you heard anything about the Industrial Internet of…