Food crisis re-run feared

Agricultural commodity prices have soared in recent months, sparking fears of a repetition of the 2007/2008 food price crisis.

15th January, 2011

Agricultural commodity prices have soared in recent months, sparking fears of a repetition of the 2007/2008 food price crisis.

Leaders of the world’s richest economies will gather for a G20 meeting at end of this month to ascertain what exactly is driving the price hike.

The anxiety about prices began last week with the publication of the United Nations’ latest food price index, which showed a 32 per cent rise in wholesale prices of...

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