World food prices reach all-time high over supply issues, Ukraine crisis

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World food prices reach all-time high over supply issues, Ukraine crisis

STORY: World food prices reach all-time high over supply issues, Ukraine crisis DATELINE: March 5, 2022 LENGTH: 0:01:34 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of children eating at school 2. various of villages in Africa 3. various of containers being unloaded from ship 4. various of food production 5. various of food in the markets STORYLINE: World food prices reached their highest point in the 61-year history of the United Nations Food and Agriculture Organization's Food Price Index, pushed higher by supply chain issues and the Ukraine crisis. The monthly index, released Friday by the organization, best known as FAO, averaged 140.7 points in February. That is 3.9 percent higher than in January, 24.1 percent higher than in February 2021, and 2 percent above its previous all-time high set in February 2011. The index, which measures prices dating back to 1961, uses the average for prices between 2014 and 2016 as the value of 100. It is adjusted for inflation. The monthly FAO Food

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