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Laborer carries food at the main market in Colombo, Sri Lanka.

Akila Jayawardana via Reuters

Is the global food crisis here to stay?

The mood surrounding the annual UN General Assembly kickoff this week has been grim. Russia is pounding Ukraine and climate-related disasters are devastating places as far-flung as Pakistan, Portugal, and Puerto Rico.

In 2022, with total war returned to Europe and the global pandemic having scrambled supply chains, the food crisis is where the conversation is at.

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We’ve Reached Peak Global Food Inflation, Says IFPRI Expert David Laborde | GZERO Media

We've reached peak global food inflation, says IFPRI expert

Global food prices have been going through the roof over the past few months — but there's some good news on the horizon.

Weather permitting, the prices of key commodities like wheat are now almost back to their levels before Russia invaded Ukraine, David Laborde, a senior fellow at the International Food Policy Research Institute, said during a livestream discussion on the global food crisis hosted by GZERO Media in partnership with the Bill & Melinda Gates Foundation.

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The Graphic Truth: Global food prices on the rise

Pandemic-related supply chain disruptions – exacerbated by the Ukraine war – have sent the global food supply into chaos. Ukraine and Russia are massive food exporters, and the war has left global food supplies scarce and prices sky-high. Some countries have responded to the turmoil by enforcing export bans on some products to keep prices down at home – further disrupting the global food network. We take a look at food inflation in select countries over the past year.

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