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World food prices enter 'danger territory' to reach record high
UN food price index rises for sixth month in a row to highest since records began in 1990
Jill Treanor
guardian.co.uk, Wednesday 5 January 2011 15.04 GMT
Soaring prices of sugar, grain and oilseed drove world food prices to a record in December, surpassing the levels of 2008 when the cost of food sparked riots around the world, and prompting warnings of prices being in "danger territory".
An index compiled monthly by the United Nations surpassed its previous monthly high ? June 2008 ? in December to reach the highest level since records began in 1990. Published by the Rome-based Food and Agriculture Organisation (FAO), the index tracks the prices of a basket of cereals, oilseeds, dairy, meat and sugar, and has risen for six consecutive months.
more http://www.guardian.co.uk/business/2...record-high-un
UN food price index rises for sixth month in a row to highest since records began in 1990
Jill Treanor
guardian.co.uk, Wednesday 5 January 2011 15.04 GMT
Soaring prices of sugar, grain and oilseed drove world food prices to a record in December, surpassing the levels of 2008 when the cost of food sparked riots around the world, and prompting warnings of prices being in "danger territory".
An index compiled monthly by the United Nations surpassed its previous monthly high ? June 2008 ? in December to reach the highest level since records began in 1990. Published by the Rome-based Food and Agriculture Organisation (FAO), the index tracks the prices of a basket of cereals, oilseeds, dairy, meat and sugar, and has risen for six consecutive months.
more http://www.guardian.co.uk/business/2...record-high-un