The cost of food has been highlighted by the press in the last few months. Food prices have sky rocketed globally and many families are feeling the pinch.
At the first Global Agro-Industries Forum being held in New Delhi from the 8-11 April, the heads of UNIDO, IFAD, and FAO have highlighted the important role that agro-industries have in assisting the poor in in overcoming the problem of high food prices.
In his address to the forum the Director General of FAO Dr. Diouf states“world food prices have risen 45 percent in the last nine months and there are serious shortages of rice, wheat and maize.”
Factors that have contributed to the price rise are climate change; historically low levels of stocks; more consumption of meat and dairy products in emerging economies, as well as the higher transport/petrol costs involved in moving the food products. To learn more about the Global Agro-Industries Forum – click here