Thursday, May 28, 2009

To rise again

"Food prices will rise again by 2015, when economies are expected to have recovered from the global recession, pushing up demand once more, says a recent UN report. 2008 is seen as the year of food crises, prompted in part by high fuel prices, but these started declining as the global recession got underway in late 2008 and eventually returned to 2006 levels, though food prices in many developing countries are still higher than they were then. "This has been a temporary respite," said the report, Sustainable Agriculture and Food Security in Asia and the Pacific, by the UN Economic and Social Commission for Asia and the Pacific (ESCAP). " (Thanks Daniel)

No comments: