Global food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis.
The UN Food and Agricultural Organization said its food price index rose to 214.7 points last month, an increase of almost 4.2% from November, according to The Financial Times. The index tracks the wholesale cost of commodities including wheat, corn and meats.
In 2007 and 2008,…
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Food Prices Jumped to Record High in December originally appeared on DailyFinance on Wed, 05 Jan 2011 07:34:00.
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