BBC: Inflation: Global food prices hit fresh 10-year high, UN says
Global food prices have hit the highest level in over a decade after rising by more than 30% in the last year, the United Nations Food and Agriculture Organization (FAO) says.
The agency's figures highlighted the soaring cost of cereals and vegetable oils around the world.
Vegetable oil prices hit a record high after rising by almost 10% in October.
Disruptions to supplies, high commodity prices, factory closures and political tensions are helping to push up prices.
The FAO said its measure of cereal prices was up by more than 22% compared to a year earlier.
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WNU Editor: The last time prices reached these leves we had global unrest and the Arab Spring.
Update: The prediction is that prices will continue to increase into 2022 .... Global fertilizer crisis may push food prices higher (Farm Progress).
More News On The UN Saying Global Food Prices Have Hit A Fresh 10-Year High
Global Food Prices Hit Fresh Decade High In October -- Zero Hedge
Global Food Prices Surge as Inflation Spreads -- WSJ
Global shoppers feel the pinch of rising food prices -- Financial Times
Inflation watch: Global food prices hit 10-year high -- Al Jazeera
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