FAO warns of potential global food price crisis
pre-market1 source ↓written by the desknot a recommendation
The FAO has cautioned that the closure of the Strait of Hormuz could lead to a global food price crisis within six to twelve months. Urgent actions are needed from governments and the food industry to mitigate rising costs due to increased energy, fertilizer, and logistics prices. Decisions on fertilizer use and crop choices will be critical in shaping future outcomes.
Not investment advice. For informational purposes only.