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

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

From Pandemic to Prophecy: Is AI Preparing the World for Revelation 13?

Is AI Preparing the World for Revelation 13? What…
Global food prices rise after Russia ends grain deal and India restricts rice exports

A Growing Crisis: U.S. Naval Blockade of Iran and Its Prophetic Implications

U.S. Expands “Ironclad” Blockade on Iran as Global Tensions…
Global food prices rise after Russia ends grain deal and India restricts rice exports

Caught Up or Left Behind: The Undeniable Truth of the Second Coming

The Trumpet Will Sound: Are You Ready for the Return of Jesus…