Sean O'Grady writing in The Independent today says economists predict that cereals and sugar in particular may surge even higher in coming months.
"In addition, long-term trends associated with growth in population and climate change may mean higher food costs become a permanent feature of economic life, even though the current spike may end in due course. Speculation, too, may be part of the crisis, as investors climb on to the rising food-price bandwagon."
The price rises will be felt around the globe, but poorer countries are bound to suffer the greatest impact, with more people being added to ranks of world's one billion hunngry.
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