Food and Agriculture Organization of the United Nations Chief Economist: Food Crisis Caused by Russia-Ukraine Conflict May Last Until Next Year – yqqlm

Securities Times e company news, local time on the 3rd, the United Nations Food and Agriculture Organization released the May food price index, showing that although the food price index fell in May, the wheat and poultry meat price index rose. Torrero, chief economist of the United Nations Food and Agriculture Organization, said in an interview with reporters that the food crisis caused by the conflict between Russia and Ukraine may last until 2023. According to the United Nations Food and Agriculture Organization, food prices are expected to remain high due to ongoing conflicts in Russia and Ukraine, the world‘s major exporters of grain and fertilizers, despite improved crop conditions and increased supplies in countries including India and the United States. The Food and Agriculture Organization of the United Nations forecasts that global cereal production in 2022 is likely to decline for the first time after three consecutive years of growth. (CCTV News)