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FAO: Extreme Weather and Shipping Chaos Drive Up Global Food Costs

FAO: Extreme Weather and Shipping Chaos Drive Up Global Food Costs

Summary

The Food and Agriculture Organization reports that severe weather and shipping disruptions are pushing up global food prices.

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The Food and Agriculture Organization of the United Nations (FAO) has highlighted the key factors currently driving the increase in global food prices.

According to the organization, extreme weather events and severe disruptions in global shipping are compounding pressures on agricultural markets, directly raising the cost of food worldwide.

The combination of climate-related challenges and logistics volatility continues to strain supply chains and affect food commodity pricing on international markets.

Source: Qazinform

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