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Economy 1 min read Source: Зеркало недели

Food producers hit by high prices, as do consumers - FAO forecast

Food producers hit by high prices, as do consumers - FAO forecast
photo Зеркало недели

The bi-annual Food and Agriculture Organization (FAO) Food Outlook notes that "

The agency's report released on Thursday notes that developing countries are cutting imports of grains, oilseeds and meat as they are unable to cover rising prices..

The forecast speaks of "

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As Ukraine's next grain harvest is due within weeks, and there are no immediate signs of easing in Russia's war against its neighbor, food security in import-dependent countries in Africa and the Middle East could worsen.

According to Upali Galketi Aratchilage, FAO Economist and Lead Editor of the report, the forecast points to "

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