Potato Pro | Food crisis in Ukraine… South Korean domestic potato prices soar

Potato prices continue to rise. At the Garak Market in Seoul on the 4th, a box of 20 kg of potatoes was sold at KRW 75,367 (about USD 58.48). Compared to the average value (48,105 won) from 2019 to 2021, it rose by 57%. As of the 4th, the average price for a box of 20 kg of potatoes per week was KRW 71,747 (about USD 55.67).

Financial Times | G7 warns of global hunger crisis unless Russia lifts Ukraine blockade

German foreign minister says alternative export routes are urgently needed as wheat price soars

CNA | Soy boon for Argentina as Ukraine war boosts prices

Russia's war on Ukraine has sent grain prices skyrocketing - a worry for consumers worldwide but potentially a boon for producers like Argentina, which hopes an influx of soybean "agridollars" will boost its faltering economy.

Euractiv | Nearly 25 million tonnes of grain stuck in Ukraine, says UN food agency

Ukrainian farmers started working in their fields amid the ongoing Russian invasion of the country. The European Council accepted a decision to instruct the European Commission to support Ukraine's agriculture and food security following a meeting held on 24-25 March 2022 in Brussels.

ReliefWeb | The consequences of the war in Ukraine will be far-reaching

The Horn of Africa is experiencing one of its most severe droughts in recent history, with more than 15 million people acutely food insecure in Ethiopia, Kenya and Somalia.

South China Morning Post | Vietnam coffee farmers turn to avocados and durians as Ukraine war pushes up fertiliser costs

An official said despite the extra income from these additional crops, farmers are still having to cut back investment in their coffee trees Vietnam, which buys large amounts of fertiliser from Ukraine and Russia, is the world’s biggest grower of the robusta variety used in instant drinks and espressos

Bloomberg Quint | Shortage of Ukraine Wheat Set to Push Somalia Inflation Past 10%

Somalia’s inflation is expected to surge past 10% unless the country gets good rains over the next two months to help ease pressure on food prices after losing wheat supplies from Ukraine, according to a top official at its central bank.

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