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Ukraine war

Ukraine crisis sends grain prices soaring, threatens food security

Wheat and corn costs approach levels seen during Arab Spring unrest

A wheat field in the Stavropol region of Russia, the world's top exporter of the grain.   © Reuters

TOKYO -- Food prices could soar even higher if conflict were to break out between Russia and Ukraine, top producers of corn and wheat that are a staple to billions around the world, and raise the specter of runaway inflation and political instability in the Middle East.

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