00:00Extreme weather and ongoing geopolitical tensions have driven world food prices to their highest level since late 2022,
00:08as they threaten supplies of key food staples.
00:11Further pressure comes from the risk of El Nino and trade disruptions linked to the conflicts in Iran and Ukraine.
00:19The combined impact pushed grain prices to a three-year high, while sugar prices climbed to their highest level in
00:26a year.
00:27Meanwhile, escalating attacks in the Black Sea have disrupted grain shipments from Russia and Ukraine during their four-and-a
00:33-half-year war.
00:34The conflict between the U.S. and Iran has also continued to strain supplies of fertilizer needed for crop production.
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