Fears Of A World Food Crisis Increases As Prices Continue To Escalate

Graph from The CNN

Food Prices Hit New Record Highs, Says UN Food Agency -- BBC

Global food prices have hit record highs, and could rise even further, according to the United Nations.

The UN's Food Price Index rose 2.2% in February to the highest level since the UN's Food and Agriculture Organization (FAO) began monitoring prices in 1990.

It also warned that spikes in the oil price could make the "already precarious" situation in the food market even worse.

Apart from sugar, the FAO said all commodity groups had risen in price.

Oil prices recently hit two-and-a-half year highs due to political unrest in North Africa and the Middle East.

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More News On fears Of A World Food Crisis

IMF warns of high food prices -- IMF
FAO food price index hits record high in February -- Reuters
Food Prices Reach New Record & Could Push Higher -- Barron's
Food Prices Reach Record High -- Wall Street Journal
Rising Oil Prices Will Send Food Prices Even Higher -- Wall Street Journal
Food prices hit new record -- The Telegraph
Oil shock could push world food prices higher -- CNN
FAO warns on oil as world food prices hit record -- Reuters
World food prices hit record highs amid oil jitters -- AFP
World food prices hit record highs: UN food agency -- Economic Times
A Devastating Perfect Storm: Global Food Prices Continue to Rise -- American Progress
Global food prices increase for eighth straight month, UN agency reports -- UN News Centre
Hungry planet: Food prices rise to record -- Global Post
The Effects of Rising Global Food Prices -- OilPrice.com