{"id":61413,"date":"2022-01-11T09:09:33","date_gmt":"2022-01-11T14:09:33","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61413"},"modified":"2022-01-11T09:09:33","modified_gmt":"2022-01-11T14:09:33","slug":"global-food-prices-rose-sharply-during-2021","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61413","title":{"rendered":"Global food prices rose \u2018sharply\u2019 during 2021\u00a0"},"content":{"rendered":"
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Global food prices rose \u2018sharply\u2019 during 2021\u00a0<\/a><\/h1>\n
\"A<\/picture><\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n
\u00a9 WFP\/Fredrik Lerneryd<\/span><\/div>\n
A rwandese farmer holds a handful of beans after the harvest.<\/span><\/div>\n<\/div>\n<\/section>\n
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The UN\u2019s benchmark food and commodity prices index rose sharply on average through 2021, compared with the previous year, the Food and Agriculture Organization (FAO<\/a>)\u00a0informed<\/a>\u00a0on Thursday.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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The agency\u2019s\u00a0Food Price Index<\/a>, which tracks monthly changes in international prices, averaged 125.7 points – a 28.1 per cent increase over 2020.<\/p>\n

FAO<\/a>\u00a0Senior Economist Abdolreza Abbassian explained that, normally, high prices are expected to ease as production increases to match demand.<\/p>\n

This time, however, the consistently high cost of inputs, the ongoing global pandemic and ever more volatile climatic conditions \u201cleave\u00a0little room for optimism about a return to more stable market conditions even in 2022<\/strong>.\u201d<\/p>\n

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