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Alarm Bells Ring As Global Food Prices Hit 2022 Highs, Perfect Storm Stokes New Inflation Shock

Alarm Bells Ring As Global Food Prices Hit 2022 Highs, Perfect Storm Stokes New Inflation Shock The United Nations Food and Agriculture Organization's global food-commodity index climbed in August to its highest level since 2022, with the index now gaining momentum to the upside. The upside reinforces warnings from several major Wall Street desks, which we have covered extensively, that global food shortages could materialize next year. The United Nations Food and Agriculture Organization's (FAO) Food Price Index, which tracks monthly changes in the international prices of a basket of globally...
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