The world bank group released "food price observation" point out, because of increased supply and global economic uncertainty, the global food prices in September 2011 to December dropped 8%, but is still high, 2011 annual index in 2010 than average high 24%, among them, wheat, corn and rice in the average price far beyond the 2010 average.

 

From December 2010 to December 2011, many countries appear domestic food prices are rising dramatically. Wheat prices in belarus is up 88%, and a 23% rise in Ethiopia; Rice prices in Uganda, up 81%, rising 56% in Malawi; Corn prices rose 117% in Kenya, rising 106% in Mexico; Sorghum price in burkina faso, up 57% in Ethiopia is up 28%.

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The world bank competent poverty reduction and economic management's deputy governor kanu said: "the most serious food prices may be over, but we must remain vigilant." He thinks, grain prices of the seasonal rise may cause deterioration of food security, especially in the areas affected by the conflict between Africa and the southern somalia. In addition, poor families to take some of the measures, from lower meals standard to children from school, it's going to have a difficult time in the millions of family health and well-being produces durable negative influence. Therefore, the world needs to take more and more with the specific measure to help people deal with it.

Report says 2012 global food prices may tend to go down, the main reason is the global economic Cheap sunglasses weakness in consumer demand is weak, energy prices fell in 2012 and expected good food supply.

However, the price upward pressure still exist, such as once again looked up oil prices may cause the global demand for biofuels to rise. In addition, climate change to the influence of food prices also nots allow to ignore, such as el nino phenomenon is expected to affect the Argentina and Brazil of the corn and soybean growth.

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