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Global hunger crisis looms as war in Ukraine sends food prices soaring
The war in Ukraine sent global food prices soaring to an all-time high in March, according to the Food and Agriculture Organization of the United Nations. The March record surpassed the also-record-breaking change in food prices observed in February when the war began. The organization calculates a food price index that measures a monthly change in international prices of a basket of commonly traded food commodities such as vegetable oils, cereals, and meat. The current index value is approximately 37 percent higher than one year ago. The news has raised fears of a world hunger crisis with far-reaching effects.