• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Global Food Prices Soar Amid Ukraine War

Global Food Prices Soar Amid Ukraine War

3 years ago
Seriake Dickson, Three Other Senators Take Oath of Office

Weaponised Poverty, Illiteracy Behind Vote Buying In Nigeria, Africa – Sen. Dickson

6 hours ago
Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

7 hours ago
Rufai: Nigerian Goalkeeper Legend Dies At 61

Rufai: Nigerian Goalkeeper Legend Dies At 61

7 hours ago
CAF Unveils New Trophy For 2024 WAFCON

CAF Unveils New Trophy For 2024 WAFCON

10 hours ago
Kenya: President Ruto Reshuffles Cabinet, Sacks 2 Ministers Within 5 Months Of Appointment

Kenya: President Ruto Orders Closure Of 1000 Hospitals Involved In Fraud

10 hours ago
Friday, July 4, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    Uganda: After 39 Years In Office, 80-Year-Old Museveni Seeks Re-Election

    IWD 2023: Women In Media Harp On Importance Of Digital Skills For Female Journalists

    Nigeria: Momentum Builds As Women Journalists Push For Passage Of Special Seat Bill

  • Economy
    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Namibia Sends First AfCFTA Shipment To Nigeria

    Namibia Sends First AfCFTA Shipment To Nigeria

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    Uganda: After 39 Years In Office, 80-Year-Old Museveni Seeks Re-Election

    IWD 2023: Women In Media Harp On Importance Of Digital Skills For Female Journalists

    Nigeria: Momentum Builds As Women Journalists Push For Passage Of Special Seat Bill

  • Economy
    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Namibia Sends First AfCFTA Shipment To Nigeria

    Namibia Sends First AfCFTA Shipment To Nigeria

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Global Food Prices Soar Amid Ukraine War

April 9, 2022
in Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Food and Agriculture Organization of the United Nations has stated that the food price index raised a record 12.6% from February to March, in part due to shocks from the war in Ukraine.

FAO Director General Qu Dongyu told the organization’s council that prices for staple foodstuffs such as wheat and vegetable oils have been soaring lately, imposing extraordinary costs on global consumers, particularly the poorest.

Relatedreading

Weaponised Poverty, Illiteracy Behind Vote Buying In Nigeria, Africa – Sen. Dickson

Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

He warned that vulnerable consumers and countries face decreasing purchasing power because of increasing food costs and rising fuel prices.

Qu said fertilizer prices are also going up, which could lead to decreased use and lower crop yields.

The Food Price Index, which was created in 1990, tracks the prices of cereals, vegetable oils, meat, dairy and sugar.

Also, FAO Director of Trade and Markets Division Boubaker Ben Belhassen said the price of cereals, vegetable oils and meat hit all-time highs, while sugar and dairy prices also rose significantly. The index has been rising steadily throughout 2021, in part due to the impact of the COVID pandemic.

He said the price hikes are due to a combination of factors, including adverse weather, higher energy prices and transportation costs, higher fertilizer prices, and strong international demand.

“This has driven prices already before the war in Ukraine,” he told reporters from Rome. “Disruption to exports due to the conflict in Ukraine has exacerbated the already difficult situation putting further upward pressure on prices.”

FAO says expected export disruptions and losses from Russia’s invasion of Ukraine have also rattled the market.

Russia and Ukraine account for about a third of global wheat exports, 20% of maize and about 80% of sunflower oil exports. FAO says 50 countries rely on Moscow and Kyiv for at least 30% of their wheat. Some, like Egypt and Lebanon, receive more than 70% of their wheat from the two warring nations. The conflict’s impact is likely to be felt across much of the world.

One bit of good news, rice prices stood largely unchanged from February and is 10% below prices from one year ago.

Tags: breakingFoodHeritageheritage timesheritagetimesmedialatestnewsthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Nigerians Take To Social Media To Pay Tribute To Late Gospel Singer, Osinachi Nwachukwu

Next Post

Chelsea Return To Winning Ways As Arsenal, Man Utd Tastes Painful Defeats

Related Posts

Seriake Dickson, Three Other Senators Take Oath of Office

Weaponised Poverty, Illiteracy Behind Vote Buying In Nigeria, Africa – Sen. Dickson

July 3, 2025
Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

July 3, 2025

Rufai: Nigerian Goalkeeper Legend Dies At 61

CAF Unveils New Trophy For 2024 WAFCON

Kenya: President Ruto Orders Closure Of 1000 Hospitals Involved In Fraud

Ethiopia Completes Construction Of Mega-Dam On The Nile, PM Announces

Next Post
Chelsea Return To Winning Ways As Arsenal, Man Utd Tastes Painful Defeats

Chelsea Return To Winning Ways As Arsenal, Man Utd Tastes Painful Defeats

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Seriake Dickson, Three Other Senators Take Oath of Office

Weaponised Poverty, Illiteracy Behind Vote Buying In Nigeria, Africa – Sen. Dickson

July 3, 2025
Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

July 3, 2025
Rufai: Nigerian Goalkeeper Legend Dies At 61

Rufai: Nigerian Goalkeeper Legend Dies At 61

July 3, 2025
CAF Unveils New Trophy For 2024 WAFCON

CAF Unveils New Trophy For 2024 WAFCON

July 3, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Weaponised Poverty, Illiteracy Behind Vote Buying In Nigeria, Africa – Sen. Dickson

July 3, 2025

Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

July 3, 2025

Rufai: Nigerian Goalkeeper Legend Dies At 61

July 3, 2025

CAF Unveils New Trophy For 2024 WAFCON

July 3, 2025

Kenya: President Ruto Orders Closure Of 1000 Hospitals Involved In Fraud

July 3, 2025

Ethiopia Completes Construction Of Mega-Dam On The Nile, PM Announces

July 3, 2025

Angélique Kidjo Makes History As First Black African With Hollywood Walk Of Fame Star

July 3, 2025

ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

July 3, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In