Morning Ag News, March 22, 2022: The war in Ukraine is causing food prices to rise in central Asia, the Middle East and North Africa - a podcast by MWC

from 2022-03-22T10:00

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The United Nations says the war in Ukraine is already resulting in higher food prices and a shortage of staple crops in central Asia, the Middle East, and North Africa. The Russian invasion of Ukraine has severely cut down on shipments from the two countries, which combine to ship 25 percent of the world’s wheat exports and 16 percent of global corn exports. Reuters says the surging grain prices are starting to pressure retail food prices in some of the world’s poorest countries.

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