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Crop Prices Hit 3-Year High as Black Sea Attacks, Heat Stoke Food Inflation

Bloomberg Markets·July 23, 2026·1 min read

Crop prices hit a three-year high as heat waves and escalating attacks in the Black Sea threaten to disrupt global grain trade. The disruptions revive risks to food inflation, which have also been stoked by the war in Iran. The price surge reflects growing concerns over supply chain stability.

Read at Bloomberg Markets
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