Food Prices Will Rise Dramatically by 2015

Social Issues - 2015

Food Prices Will Rise Dramatically by 2015

http://www.economist.com/displaystory.cfm?story_id=10250420
Scanned by: Antonio Manfredi over 4 years ago

By some measures, global warming could cut world farm output by as much as one-sixth by 2020. Because supplies will not match increases in demand, IFPRI believes, cereal prices will rise by between 10% and 20% by 2015. The UN's Food and Agriculture Organisation's forecast for 2016-17 is slightly higher. Whatever the exact amount, this year's agflation seems unlikely to be, as past rises have been, simply the upward side of a spike.

Type: Forecast |

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1.	I wonder if the growing demand for organic foods will add to the projected price hike.

Posted by: Accel Rose over 4 years ago | Vote for this comment - Recommend


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Food Prices Will Rise Dramatically by 2015

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