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World must brace for higher food prices: Experts

 
Published on Aug 19, 2012
11:22 AM
A French farmer drives his combine harvester on a wheat field, on Aug 11, 2012, in Cassel, northern, France. With drought parching farms in the United States and near the Black Sea, weak monsoon rains in India and insidious hunger in Africa's Sahel region, the world could be headed towards another food crisis.-- PHOTO: AFP

PARIS (AFP) - With drought parching farms in the United States and near the Black Sea, weak monsoon rains in India and insidious hunger in Africa's Sahel region, the world could be headed towards another food crisis.

Asia should keep a catastrophe at bay with a strong rice harvest while the G-20 group of industrialised and emerging economies tries to parry the main threat, soaring food prices.

"We have had quite a few climate events this year that will lead to very poor harvests, notably in the United States with corn or in Russia with soja," warned Mr Philippe Pinta of the French farmers federation FNSEA.

"That will create price pressures similar to what we saw in 2007-2008," he added in reference to the last global food alert, when wheat and rice prices nearly doubled.

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