20 years of global food prices hit a new high food prices faced by the United Nations, said the impact of

 United Nations Food and Agriculture Organization (FAO) 5 report released last year, global food prices in December, the organization's food price index compiled a record high. FAO chief economist Abdul - Li Sa Aba Xian warned that the world is facing

food price shocks faced by the United Nations said

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 【Network】 HC food industry will be released once a month, the UN food price index. The index is not measured by the domestic retail prices, because retail prices may be subject to a number of factors, including government subsidies. Instead, the index tracking the export price, but can still be a barometer of consumer spending as a measure.
food prices last month, a 10-year high

FAO's latest report, December 2010, as sugar, cereals and oil seeds ( such as peanuts, cottonseed), and other prices pushed up overall food prices rose, food price index has hit a record high since 1990. According to statistics, the price of sugar and meat products hit a record high at present, grain prices are also approaching the 2008 peak. In addition, the data also show that food price index has been for 6 months at a rising trend.

Aba Xian interview with British media, said:

Aba Xian said, out of Argentina, drought, floods, and northern Australia, concern about low-temperature, etc., food prices may rise further.

last year, doubling of wheat prices in Europe, the United States more than 50% of corn prices, soybean prices also rose more than 30%. Aba Xian said that although some of the major grain exporting countries challenged the crop growing conditions, but many developing countries, the recent bumper harvest, making the government and consumers can barely cope with the difficulties brought soaring prices. For example, he said, some African countries, the recent good harvest of maize. However, Australia is now the flood of sugar, sugar cane, the impact of commodity prices may continue for 3 years. As Australia is the world's fourth largest exporter of wheat, so wheat prices may also be affected.

or political turmoil caused by rising food prices

, in addition to malnutrition may increase or lead to political turmoil, it will also significantly boost domestic inflation rate, which may affect the world's monetary policy.

Aba Xian said that although prices are high but relatively poor countries such as the meager output of crude oil prices suddenly rose and other food riots in 2008 caused many of the factors does not currently exist, thus reducing more risk of the outbreak of the crisis. He believes that, to a certain extent, ease the price pressure, the global need to implement in the coming harvest a bumper crop.

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