Food Prices Projected to Rise in the Next Decade

By Abby Massey

(Photo credit: Bernard Pollack)

The U.N. Food and Agriculture Organization(FAO), in collaboration with the Organization for Economic Co-operation and Development(OECD), recently released the annual Agricultural Outlook 2010-2019. The report projects that from 2010-2019, oil and dairy prices will almost double, while wheat and coarse grain prices will increase by 15 to 40 percent more than they were between 1997 and 2006. Rising food prices will only make it harder to feed the more than 1 billion people who are hungry in the world. But innovations that focus on women, improve access to markets, and preserve natural resources, among many others, will be vital in creating a food secure future.

Abby Massey is a research intern with the Nourishing the Planet project.

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