Global food prices have just hit their highest recorded levels. Russia and Ukraine account for as much as 30% of global wheat exports, and 20% of maize exports. Analysts at the IMF are expecting global food prices to rise another 14% this year. Vladimir Putin’s aggression is now believed to be leading to a growing crisis over food insecurity and skyrocketing food prices. Driven up by the war in Ukraine, global food prices hit their highest recorded levels last month. In March, global world food commodity prices reached their highest levels ever, the United Nations Food and Agriculture Organization reported late last week. The FAO Food Price Index was up 12.6% from February when it had already reached its highest level since the agency began tracking in 1990. The latest level of the index was 33.6% higher than in March 2021. Over the last three years Russia and Ukraine […]