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The cost of food goes down — the price of food goes up
The small number of huge companies that control most of the food market are artificially increasing prices even though the spike in cost due to the war in Ukraine is now long over, explains ROGER McKENZIE

FOOD prices across the world are falling. But families everywhere are still struggling to put bread on the table.

The cost of food across the globe was already high before Russia invaded Ukraine in February of last year; there is no doubt that the worldwide trade in grain and fertiliser was disrupted by Russia’s invasion. The price of food was sent soaring to levels many people had not witnessed in their lifetimes.

But the fact is the price shock caused by the invasion ended many moons ago.

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