Saturday, February 5, 2011

Global food prices hit record high - United Nations Food and Agriculture Organization

Food prices are rising across the globe in response to shortening supplies and higher demand.

Supplies are short because of weather-related problems plus the diversion of production to ethanol to feed cars instead of people.

Demand is higher because of increased population pressure and the because of the ability of people to afford to buy food from higher up the food chain.

An overlook is provided by the United Nations Food and Agriculture Organisation.

Global food prices hit record high - News - Al Jazeera English

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