The Danger of Growing Prices and Shrinking Supplies of Food
Monday, July 31, 2023
The rise in food prices is unlikely to stop. The price of various staple food ingredients usually moves in sync.
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A JUMP in price for various food ingredients is once again threatening a fragile global economy. A chaotic climate due to global warming is hindering food production around the world. July seems to have set the record as the hottest month in the history of planet Earth. And the unending war over Russia’s invasion of Ukraine adds even more to these problems.
Two weeks ago, Russia ended the Black Sea Grain Initiative, which made i
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