'Clock is ticking': FAO warns of dangerous food inflation spike risk amid Strait of Hormuz crisis
India, April 14 -- While global food inflation remained relatively stable in March, based on the monthly movement of the Food and Agriculture Organization (FAO) Food Price Index, pressures are expected to build in April and intensify further in May.
The FAO warned that farmers are approaching critical decision points: whether to adjust planting strategies in response to fertiliser availability, and whether to divert land toward biofuel production to capitalise on higher oil prices - potentially at the expense of global food supply. These risks are tied to ongoing disruptions linked to the protracted Strait of Hormuz crisis due to the effects of the war in West Asia.
"The clock is ticking," and crop calendars put poorer countries most at...
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