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Global Food Prices Reach Record High in February
06 Mar 2011 EWR Online
Merle David Kellerhals Jr., america.gov
Washington — Global food prices reached a record-high level in February, driven mainly by higher prices for cereals, meat and dairy products. The increases have raised concerns that millions more people could be pushed further into poverty and civil unrest could result, according to the U.N. Food and Agriculture Organization.

The FAO said in a March 3 report that its Food Price Index rose for the eighth consecutive month in February, up 2.2 percent from January. This is the highest it has been since January 1990, when the index was first begun. The FAO price index measures monthly changes in international prices for a basket of food commodities, which includes cereal, oils and fats, dairy products, meat and sugar.

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