'Apocalyptic' food shortage threatens, says Bank of England governor - Sydney Morning Herald


5/16/2022 12:00:00 AM2 years 11 months ago
by Rob Harris

Global prices for grains, cooking oils, fuel and fertiliser are rising at the fastest rate in 30 years since Russia invaded Ukraine and blocked exports.

Dairy and meat prices reached a record in April, according to the UN food agency, reflecting increasing global demand for protein and high prices for animal feed mainly corn and soybeans. Bailey tol… [+2374 chars]

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