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Putin’s Invasion Will Raise Food Prices Worldwide

by Jackson Elliott


The Russian invasion of Ukraine, a major grain exporter, will raise food prices worldwide and worsen unrest in countries dependent on food imports.

Ukraine has some of the world’s most fertile soil.

Although America imports little Ukrainian food, the war in Ukrainerising global fertilizer costs, and lower than expected grain yields in South America, will likely cause grain prices to rise by about 10 percent in the next year due to international market pressures, according to logistics expert Nathan Carson…


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