As conflict and climate change bite, are high food prices here to stay?

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Food prices around the world have soared to record levels this year as the Russia-Ukraine war slashes key exports of wheat and fertiliser from those countries, at the same time as droughts, floods and heat fuelled by climate change claim more harvests.

Wheat prices hit a 14-year peak in March, and maize prices reached the highest ever recorded, the International Panel of Experts on Sustainable Food Systems (IPES) said in a report released on Friday.

That has made basic staples more expensive – or harder to find – for families in many countries, especially the poorest. Read more…