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WHEAT/PRICESBack
[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---------

 


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