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

IoT Devices Put Your Security at Risk

There appears to be a growing problem of security threat…

Petition for EU to Ban Biometric Surveillance

A coalition consisting of both civil and digital rights groups…

Israel Strikes Iranian Targets in Syria

Israel reportedly bombed some Iranian targets in Syria late…