Food Prices to Be Even More Volatile, U.N. Says -- Voice of AmericaROME (Reuters) - Food prices are likely to become more volatile in coming years, increasing the risk that more poor people in import-dependent countries will go hungry, the United Nations said in an annual report on food insecurity published Monday.
Global food price indices hit record highs in February and were a factor in the Arab Spring of unrest in north Africa and the Middle East.
Prices have since eased but the U.N. report said economic uncertainty, low cereal reserves, closer links between energy and agriculture markets and rising risks of weather shocks were likely to cause more dramatic price swings in the future.
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My Comment: A perfect recipe for more unrest in places like Egypt, Yemen, Pakistan, and elsewhere.
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