Rising Agricultural Costs Force Food Prices Higher

HOD HASHARON, ISRAEL - MARCH 11: A waitress serves breakfast for two, including eggs, cheeses, salad, orange juice, coffee and fresh baked bread at the Aroma espresso bar on March 11, 2008 in the central Israeli town of Hod Hasharon. World food prices are soaring in the face of what some analysts are describing as a perfect storm of circumstances; increasing demand from developing economies in Asia, rising fuel prices, severe weather impacting recent harvests and an economic shift to biofuel production. All this leaves the consumer paying more for basic staples such as bread and milk and is likely to have its hardest impact on poorer nations. (Photo by David Silverman/Getty Images)
HOD HASHARON, ISRAEL - MARCH 11: A waitress serves breakfast for two, including eggs, cheeses, salad, orange juice, coffee and fresh baked bread at the Aroma espresso bar on March 11, 2008 in the central Israeli town of Hod Hasharon. World food prices are soaring in the face of what some analysts are describing as a perfect storm of circumstances; increasing demand from developing economies in Asia, rising fuel prices, severe weather impacting recent harvests and an economic shift to biofuel production. All this leaves the consumer paying more for basic staples such as bread and milk and is likely to have its hardest impact on poorer nations. (Photo by David Silverman/Getty Images)
Rising Agricultural Costs Force Food Prices Higher
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80438599
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Getty Images News
Date created:
March 11, 2008
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