Published on OurFuture.org (http://www.ourfuture.org)
Food Prices Rise Worldwide
By OurFuture.org Staff
Created 03/26/2008 - 9:33am

Article Source: 
http://www.cnn.com/2008/WORLD/americas/03/24/food.ap/index.html [1]
Article Publication Date: 
03/26/2008

Consumers worldwide face rising food prices in what analysts call a perfect storm of conditions. Freak weather is a factor. But so are dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demand in China and India. In the long term, prices are expected to stabilize. However, consumers still face at least 10 years of more expensive food.

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[1] http://www.cnn.com/2008/WORLD/americas/03/24/food.ap/index.html