News Archive

February 3, 2011 - The New York Times
"Food Prices Worldwide Hit Record Levels, Fueled by Uncertainty, U.N. Says"

Neil MacFarquhar reports on the continuing crisis related to global food prices.

"Four main factors are seen as driving prices higher: weather, higher demand, smaller yields and crops diverted to biofuels. Volatile weather patterns often attributed to climate change are wreaking havoc with some harvests. Heavy rains in Australia damaged wheat to the extent that much of its usually high-quality crop has been downgraded to feed, experts noted."

Food prices are only expected to continue rising, which makes investments in agriculture and nutrition all the more critical to prevent widespread malnutrition and "hidden hunger".

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