Russia’s invasion of Ukraine shocked commodities markets and propelled prices for the ingredients of modern life to unseen heights, and in the aftermath lies a looming crisis: More people likely will go hungry. Combat in the fertile Black Sea region, and the ensuing international pullback in doing business with Russia, is strangling trade in wheat, vegetable oils, corn and the fertilizer to grow them, and tighter supplies get more expensive by the day. Global food prices jumped to a record last month, according to the United Nations, just as war started in the world’s breadbasket. Momentum began with the worsening energy crisis, surging freight and insurance costs, and harvest setbacks amid a pandemic. It’s now reaching supermarket shelves, with products becoming scarce and too expensive for some people. Wheat soared 40% the past week […]