Food prices soar to record levels on Ukraine war disruptions:
A private Ukrainian farmer Dmytro Hnatkevitch harvests wheat crop on his farm in the village of Grygorovka, 110 km south of Kiev, in August, 1996. (AP Photo/Efrem Lukatsky)
Prices for food commodities such as grains and vegetable oils reached their highest levels ever recorded as of last month. This is largely due to the supply disruptions caused by Russia’s invasion of Ukraine. The Food Price Index by the UN Food and Agriculture Organization, which calculates the international price for a basket of commodities, rose by 12.6 % from February to averag