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The following article was published in our article directory on April 18, 2011.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business
Author Name: Amanda xzh
Since the second half of 2010, international food prices continue to rise faster, the United Nations food and agriculture organization record meat, dairy products, grain, edible oil and other agricultural commodities prices world food price index rose, eight months in February of 23.6 point, that number was in January 1990 by the highest level since the index. The fao director-general Jacques diouf March 14, said global food prices, based on the current food crisis promoted reignite the risk. The crisis or and 2007-2008 impact the food crisis in developing countries similar. The group's report is words sharp: global food prices have more than 20 years of peak, the food crisis is sweeping the globe. More worrisome, prices soared is 44 million people in developing countries into poverty. We have not awake, crisis has spread.
Only two years away from the last crisis, prices impact why such repeated? The food crisis how close from our?
Prices rising
You may only pay attention to domestic inflation, but around the world to see, the global economy is experiencing the most widely in 30 years, most violent of commodities prices rising.
According to the United Nations food and agriculture organization, part food prices have already breakthrough highs, the 2010 international market corn prices jumped 52 percent, wheat prices are up 49%, soybean 28%. Although overall current international food prices haven't more than 2007-2008 crisis, but the vertices of the international food prices since the second half in 2010 than in fast rising trend to go beyond. The world bank says last October, bank and January of this year, food prices index increased by 15% last year, accumulative total prices more than 50%.
In march, world food price index fell 2.9%, but still slightly higher than the same period in 2010 37%. The fao expects, for global demand growth and supply keep spruce, global food prices will rebound within weeks. Food and agriculture organization in March, experts say the food prices drop, mainly is due to some of the world's major grain importers import transport failure caused such as north Africa and the Middle East of political unrest and Japan's natural earthquake disasters caused transport and supply chain disrupted and the actual supply and demand fundamentals and no improvement. "Now judge whether to reverse trend rising food prices is still premature." In fact, because these emergencies, very likely give for a period of grain prices have greater upward pressure. With overseas media analysis says, because the fields were covered by animal feed factory tsunami destroyed, Japan imported meat and fruit will increase, so the earthquake will occur in the food prices.
Food and agriculture organization, chief economist, asaph, abdul lilly balak, "said xian warned prices could go higher in agricultural commodities, the world faces food prices, if food prices hit high, the food crisis continued wandering does not exclude the repeats". For rich people, the food crisis might just means that a little higher food prices, however, for poverty population rising food prices, it is the specter of survival. In poor countries, even moderate income family also put 2/3 income is spent on food. At present, there are more than 80 countries were the fao define food-deficit countries for low-income. The world bank recently published in October 2010, from January through 2011 because of global food prices, rose 15%, poverty population increased 44 million people. World bank President Robert zoellick on February 19th conference called on G20 summit to put the world's food problems in 2011, the first problem discussed. He said the changes of food prices, keep alert, "we headed to a dangerous level".
The world bank agricultural and rural development department, ZhuGuanJu Gail's roots and worry: about poverty population "prices as a bad thing, they can't afford a healthy diet. If food costs rise, they had to further cut education and health spending.
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