Since agricultural commodities are fungible and tradeable, no region of the world is immune to global price pressures. However, the impact of food price changes has evolved over time. In the early aughts, food price inflation had a greater impact on Europe and North America, and especially on Oceania. Africa and Latin America were the least impacted regions. The FAO’s food price index converged for all global regions in 2015 and then splintered in slightly different directions. Swing forward to the latest five-year period and Africa and Latin America have been more impacted by increases in the food price index than any other region, with Asia a distant third. North America has been the least impact, though even it has confronted shar...