Action needed to prevent food price catastrophe - U.N.

ROME (Reuters) - World leaders must take swift, coordinated action to ensure that food price shocks do not turn into a catastrophe that could hurt tens of millions of people in coming months, the United Nations' food agencies said in a statement on Tuesday. Global alarm over the potential for a food crisis of the kind seen in 2007/08 has escalated as drought in the U.S. Midwest has sent grain prices to record highs, fuelling a 6 percent surge in the U.N. Food and Agriculture Organisation's (FAO) July food price index. ...

Source: http://uk.news.yahoo.com/action-needed-prevent-food-price-catastrophe-u-n-094836505--business.html

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