Food prices continue rising during the coronavirus pandemic, jeopardizing food security for tens of millions worldwide.
On Thursday, the Food and Agriculture Organization (FAO) of the United Nations said world food prices rose for the fourth consecutive month in September, led by surging prices for cereals and vegetable oils, reported Reuters.
FAO's food price index, which tracks the international prices of the top traded food commodities (cereals, oilseeds, dairy products, meat, and sugar), averaged 97.9 in September versus a downwardly revised 95.9 in August. FAO's cereal price index jumped 5.1% in September and is 13.6% above its value one year earlier.
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Update: World food price index rise 5% year-on-year in September - FAO (Reuters)
WNU Editor: In another sign that food insecurity is becoming a global issue, this year's Nobel Peace Prize was awarded to the World Food Program .... World Food Program wins Nobel Peace Prize as hunger surges (AP).
