UN Warns Of Rising Food Costs After Year's Extreme Weather -- The Guardian
Warning comes as shops struggle to fill shelves and farmers' union reports wheat yields are at lowest level since 1980s
The UN has warned of increasing meat and dairy prices in the wake of extreme weather in the United States and across large parts of Europe and other centres of global food production.
According to the Food and Agriculture Organisation (FAO) in Rome, global wheat production is expected to fall 5.2% in 2012 and yields from many other crops grown to feed animals could be 10% down on last year.
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My Comment: As bad as it has been this year .... prices have not increased as much as many were projecting this year. But .... another year of bad weather (or worst) .... this concern over high prices will quickly shift into a crisis situation for a good portion of the world.
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