World Food Price Barometer Surged to a New Peak Reaching its Highest Level Since July 2011′-FAO
By Joyce Mukucha The Food and Agriculture Organisation (FAO) has recently announced that the UN barometer of world food prices has surged to a new peak, reaching its highest level since July 2011. The FAO Food Price Index, which tracks the international prices of a basket of food commodities, is up 3.9 per cent from September, rising for a third consecutive month. According to FAO,…