Global Food Crisis: sugar prices are expected to soar
Global Food Crisis May Spread From Grain to Sugar Food security comes under threat as more nations consider limiting exports to cool down surging domestic prices. Sugar prices are expected to soar due to the export restrictions imposed by a number of key producing nations seeking to tame rising domestic food prices. The impact of the Covid-19 pandemic, which seriously undermined global supply chains, has been dramatically aggravated by the crisis in Ukraine and the subsequent sanctions imposed on Russia….