from ZeroHedge:

A shocking new report via the Food and Agriculture Organization of the United Nations (FAO) revealed the world food import bill jumped to nearly $2 trillion in 2022 amid soaring inflation due to several factors, including currencies depreciating against the US dollar, the war in Ukraine, and La Nina-related climate change.

FAO’s Food Outlook expects the tab for imports of wheat, rice, maize, vegetable oils, and all other farm goods will jump to an all-time high and about 10% increase over the record level of 2021, although the agency expects demand destruction in response to elevated food prices and depreciating currencies against the US dollar.