Yields of key crops in Europe will be sharply down this year owing to heatwaves and droughts, exacerbating the impacts of the Ukraine war on food prices.
Maize, sunflower and soya bean yields are forecast by the EU to drop by about 8% to 9% due to hot weather across the continent. Supplies of cooking oil and maize were already under pressure, as Ukraine is a major producer and its exports have been blocked by Russia.