FAO - Soaring food prices raise new crisis fears
http://www.euractiv.com/en/cap/soaring-food-prices-raise-new-crisis-fears-news-501102
14-Jan-2011 (15 years 4 months 26 days ago)The United Nations Food and Agriculture Organisation (FAO) last week warned that food prices for basic commodities hit record highs last month, fuelling fears of inflation, protectionism, unrest and reduced demand from emerging economies.
The UN index, which tracks the wholesale cost of several agricultural commodities, including wheat, corn, rice, oilseeds, dairy products, sugar and meats, rose by 32% in the second half of 2010, up from 167 in July to 215 in December.
The UN index, which tracks the wholesale cost of several agricultural commodities, including wheat, corn, rice, oilseeds, dairy products, sugar and meats, rose by 32% in the second half of 2010, up from 167 in July to 215 in December.