[Published: Thursday September 02 2010]
Wheat pushes world food prices up
Italy, 2 Sept-(ANA)-The UN Food and Agricultural Organization (FAO) says that world food prices have risen to their highest level in two years.
It says the increase is due partly to a drought in Russia and to government export restrictions which have brought about a surge in the price of wheat.
The Rome-based agency says that its food price index shot up 5% between July and August.
However, this is 38% down from its peak in June 2008. (ANA)
FA/ANA/2 September 2010---------
|