Global food prices

UN Warns World Has 6 Months to Avert Major Food Crisis

The closure of the Strait of Hormuz is not a temporary disruption but the start of a systemic shock to global food prices, the U.N. food agency warned Wednesday. This could trigger a severe global food price crisis within six to 12 months unless governments act quickly, as decisions now by farmers and governments on fertilizer use, imports, financing, and crop choices will determine whether food prices spike later this year or in early 2027. Therefore, it is imperative to start seriously thinking about how to increase countries’ absorption capacity and resilience to this choke point to minimize potential impacts.

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