When War, El Nino, and Food Prices Meet: 'First Prepare, Then Eat' Through the I Ching
On August 5, 2026, the chief economist of the UN Food and Agriculture Organization (FAO) warned that the world may be entering a new food-price upcycle. In July, the FAO Food Price Index reached 131.1, a three-year high. War, extreme weather, and El Nino now appear in one frame: conflicts in Iran and Ukraine push up energy and fertilizer costs, while El Nino weighs on output in major growing regions.
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