For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
the chance of rain particularly with all these weather fronts around. on friday there will still be some sunshine around but more showers will break out and they contain heavy and thundery. drifting across northern england and into scotland. a rain arriving in the south west of england and wales. temperatures will be lower on friday, 21 and 22. still some warm weather for eastern parts of england if we miss the heavy showers. but instead of high pressure that has brought warm weather and sunshine, low pressure will be in charge this weekend, bringing stronger wind and most of the rain across the western side of the rain across the western side of the uk. it could be heavy and thundery. looking drier, sunnier and warmer on the eastern side of the uk. thanks, darren. and that s bbc news at ten on wednesday the 22nd ofjune. there s more analysis of the day s main stories on newsnight with mark urban, which isjust getting under way on bbc two. the news continues here on bbc one a
electoral campaign. talking of. the electoral campaign, we have the electoral campaign, we have the first tv debate coming up later this month. how much he will go on the attack using what you have talked about within that tv debate? find within that tv debate? and also, of course, within that tv debate? and also, of course, how- within that tv debate? fific also, of course, how donald trump will use this. we heard him earlier in that rather than fancy setting of that news conference that rather fancy setting. mrtrump conference that rather fancy setting. mr trump boasted that this had resulted in a windfall of electoral campaign donations, over $34 million according to the campaign. at shows how mr trump will use the verdict, he will do what he always does, you will use it to try and capitalise politically, to galvanise his supporters, to use it to attack president biden. we heard him repeat the same old falsehoods, unsubstantiated claims that this was rigged, it was part of
expensive than it used to be before (avid-19. before covid-19. talking of lo . istics before covid-19. talking of logistics russia before covid-19. talking of logistics russia pulled - before covid-19. talking of logistics russia pulled out| before covid-19. talking of. logistics russia pulled out of the black sea grain deal last month, which was causing the price of grain and wheat to go up price of grain and wheat to go up again. russia is not showing any signs of re entering that agreement, where are we at that and what impact does it happen? it is quite major because at the end of the day the black sea, which is the main artery if you like for the outlet for ukrainian grain, ukraine accounts for, russia and ukraine account for a court of most of the world s grains, vegetable oils. it is absolutely critical origin in terms of so many food staples. the fact the main artery from which this ukrainian grain come come out as plot is pretty critical and i think russia coming back to th