Inside these posts: Food and Agriculture Oganisation Food Price Index

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World food prices hit record high

The U.N.’s food price index hit a record in January and recent catastrophic weather around the globe could put more pressure on the cost of food, an issue that has already helped spark protests across the Middle East.

Up for the seventh month in a row, the closely watched Food and Agriculture Oganisation Food Price Index on Thursday touched its highest since records began in 1990, and topped the peak of 224.1 in June 2008, during the food crisis of 2007/08. Get the full story »