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    Home > Food News > Food Articles > World food prices hit a 10-year high

    World food prices hit a 10-year high

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
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    Ghana's "Photo Online" reported on November 5 that data provided by the Food and Agriculture Agency of the United Nations showed that world food prices rose by 30% compared with last year, setting a 10-year high.
    Among them, the price of edible oil rose by 10% year-on-year, dairy products rose by 16%, and cereals increased year-on-year.
    Increased 22% .
    Due to climate change and poor harvests in Russia, Canada and the United States, wheat prices have risen by 40% in the past year .
    The main reasons for the increase in food prices are declining supply, rising commodity prices, labor shortages and rising shipping costs caused by the epidemic .
    High food prices have exacerbated global poverty and have become an important factor in social unrest and political tensions .




     
    Ghana's "Photo Online" reported on November 5 that data provided by the Food and Agriculture Agency of the United Nations showed that world food prices rose by 30% compared with last year, setting a 10-year high.
    Among them, the price of edible oil rose by 10% year-on-year, dairy products rose by 16%, and cereals increased year-on-year.
    Increased 22% .
    Due to climate change and poor harvests in Russia, Canada and the United States, wheat prices have risen by 40% in the past year .
    The main reasons for the increase in food prices are declining supply, rising commodity prices, labor shortages and rising shipping costs caused by the epidemic .
    High food prices have exacerbated global poverty and have become an important factor in social unrest and political tensions .




    Food prices, edible oil prices, dairy products, cereals
     
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