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.
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
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