Global Food Prices Hit A New Decade High

Fortune: Food prices are already at a 10-year high. There’s no relief coming in 2022, a grim new report says 

Upward pressure on global food prices, fueled by a perfect storm of unpredictable weather, rising consumer inflation, and an energy and labor crisis, is unlikely to let up any time soon, says Dutch bank Rabobank—even with prices already sitting at 10-year highs. 

Even if 2022 brings fewer COVID-related disruptions—far from a sure thing, as the new Omicron variant starts to rip around the world—"when it comes to agricultural commodity prices, any sense of normalcy looks unlikely, and inflation in this space is almost certainly not just 'temporary'," the bank said in a report, titled "Hell in the Handbasket."  

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WNU Editor: The UN report is here .... World Food Situation (FAO). 

Global Food Prices Hit A New Decade High  

Food, gas prices pinch families as inflation surges globally -- AP  

Global food prices are at their highest in a decade: UN -- Al Jazeera  

Global Food Prices Rise Again, Hitting New Decade High -- Zero Hedge