Russia's Ukraine Blockade Threatens US Food Prices, Global Supply

People stand at the check-out counter after shopping at a grocery supermarket in Alhambra, California, on July 13. U.S. consumer price inflation surged 9.1 percent over the past 12 months to June. (Frederic J. Brown/Getty Images)

By    |   Friday, 15 July 2022 06:25 AM EDT ET

American consumers have seen nothing yet when it comes to food prices, panelists at a Washington, D.C., forum sponsored by the America First Policy Institute warned on Tuesday.

The featured speakers noted that at least 40 million people – particularly those in Africa and Asia – face potential famine if Russia's blockade of the Ukrainian coast continues. The panel noted that Russian President Vladimir Putin has turned food into a weapon against Ukraine and the rest of the world as Russia's invasion has taken large areas of agricultural land out of production.

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American consumers have seen nothing yet when it comes to food prices, panelists at a Washington, D.C., forum sponsored by the America First Policy Institute warned on Tuesday.
russia, ukraine, blockade, food prices, consumers
1108
2022-25-15
Friday, 15 July 2022 06:25 AM
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