U.N.: Ignoring global food crisis would be 'horrific'

STORY: Speaking to Reuters on the sidelines of the World Economic Forum meeting in Davos, David Beasley said that the issue was finally starting to get the attention it needed.

His warning comes weeks after the U.N. food agency had warned that nearly 25 million tonnes of grain was stuck in Ukraine due to infrastructure challenges and blocked seaports.

Ukraine has lost some of its biggest seaports - including Kherson and Mariupol - to Russian occupation, and fears Russia may try to seize a third, Odesa.

Russia and Ukraine together account for nearly a third of global wheat supplies, while Ukraine is also a major exporter of corn, barley, sunflower oil and rapeseed oil.