Officials Predict Prolonged Rise in Food Prices

A new joint report by the United Nations Food and Agriculture Organization and the Paris-based Organization for Economic Co-operation and Development has found that already skyrocketing food prices are likely to rise even further over the next decade.

The two organizations said the high prices will likely put the poor at greater risk of malnutrition and hunger. The report also found that harvests, which are currently threatened by drought in several key regions, will be critical.

Two of the hardest hit products will be cereals and meat. The study predicts that prices will be 20-percent higher for cereals and up to 30-percent higher for meat in the coming decade, compared to the last ten years.

Click here for more.

 

 

Photo Credit: phototram, via Wikimedia Commons