Unfavourable weather conditions in the Asia, Brazil and the US, coupled with increased political tension in the Black Sea region have led to a steep increase in world food prices, says the FAO.
Nestle doesn't expect raw material prices to rise further this
year, despite a recent FAO report that forecasts an increase of
over 2 per cent in the world food import bill in 2006.
The crusade to end world hunger has been a bitter failure. But with
the world set to sweep away a crooked food trading system, there is
a chance to get it right - if only we could revive the FAO from
dormancy.