The continued pressure caused by the war against Iran on the food supply chain.
🔹 FAO announced that the American war against Iran has put pressure on the global food market by disrupting supply chains and increasing energy and transportation costs. The disruption in the Strait of Hormuz traffic has also raised the cost of chemical fertilizers and agricultural inputs.
However, the global food price index in October reached 133.9 units with a monthly decrease of 1.2 percent, but was still 5.9 percent higher than last year. Cereal, meat and milk prices fell, while vegetable oils and sugar rose in price.
Irna Jahan