Demand, biofuels will keep food prices high, agency says

Soaring world food prices might dip in coming months, but steadily rising demand means higher food costs are probably here to stay over the coming decade. That could fuel growing hunger and unrest in the world’s poorest and most vulnerable nations, a United Nations agency reported Thursday.

Such price boosts are largely the result of increased demand for food from developing countries such as China and India, as well as from the growing production of biofuels in response to record oil costs.


Demand, biofuels will keep food prices high, agency says

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