Global Food Crisis Risks Are Building Major financial institutions including JPMorgan and HSBC have warned that the risk of a broader and more prolonged global food crisis is increasing as multiple supply-side pressures converge. HSBC points to tightening grain supplies, extreme weather and disruptions to major shipping routes. By July, a composite basket of wheat, corn, barley and rice prices had risen around 22% year on year, while prices of key soft commodities such as coc