Soaring food prices threaten workers with food insecurity and starvation (WSWS) 

World Socialist Website published an article stating that around the world, in developing and so-called advanced countries alike, millions are facing food insecurity and hunger amid soaring prices and shortages of food. Last month, the World Bank estimated that food prices will increase by 22.9 percent this year, driven largely by a spike in global wheat prices. The FAO Food Price Index, which tracks monthly changes in the international prices of a basket of food commodities such as sugar, dairy, cereal, and vegetable oil, is nearly 30 percent higher than in April 2021. The Food Trade Policy Tracker shows that since the outbreak of the war, 23 countries have imposed export restrictions on food, affecting over 17 percent of the total calories traded on global markets. In addition to restricting staple foods, countries have placed restrictions on potash and nitrogen fertilizer, leading to increased prices. These price increases have in turn forced farmers globally to compensate by planting fewer crops, further driving down supply and increasing consumer prices.