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Record food prices to climb through 2010 mongabay.com March 6, 2008
Speaking in Brussels at a meeting with European Union officials, Josette Sheeran, executive director of the United Nations' World Food Programme, said the world "has now entered a perfect storm for the world's hungry" driven by the high oil and crop prices. "Our assessment is that the current level will continue for the next few years ... in fact rise in 2008, 2009 and probably at least until 2010." Sheeran said the convergence of food and oil production — triggered by rising demand for biofuels — have made conditions ripe for a global food crisis for the world's poor.
"Governments need to look more carefully at the link between the acceleration in biofuels and food supply," Sheeran continued. "We are not seeing any benefits to small farmers, particularly in the less-developed world. This land could be better used." "This is not a short-term bubble and will definitely continue," Sheeran concluded. Quotes in the piece are from Reuters.
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