Russia: Not a food crisis

NYT: Russia's misguided decision to ban exports of wheat for the next 12 months has sent a destabilizing shock through agricultural markets, pushing prices of grains to their highest levels since 2007 and 2008, when food shortages sparked rioting around the world. The situation in poor grain-importing countries in Africa is tense. In Mozambique, the government backtracked on its decision to raise bread prices by 30 percent after riots in which more than a dozen people died. Still, the world need ......

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