The Food Price Crisis

Last Updated: 13 May 2008

[AFP]

[AFP]

The United Nations has described the threat of rising global food prices as a silent tsunami which threatens to push 100 million people into hunger.

Food prices have risen 80 per cent in the past three years, leading to social unrest in more than 33 countries, in a crisis the International Monetary Fund believes could destroy a decade of development gains and even lead to war.

An increase in westernised animal-rich diets across Asia, where more livestock need more grain; the push to convert crops into biofuels; and weather woes as droughts and floods hit crop producing nations have all led to increased demand and prices.

A global problem

Growing costs and growing demand have led to shortages and price rises across the globe.

Asia's Rice Worries

Rice and wheat, staples of the Asian diet, are among the products most affected by spiralling prices.

China's food prices climbing

A change in diet and a growing population have led to high prices across China.

South-East Asia struggles

Disasters and cooking-fuel shortages hit populations across South-East Asia.

Shortages in the Pacific

Rising demand and environmental issues leave the Pacific with increased prices and decreased exports.

Droughts hit Australian crops

Australia's food prices have been pushed higher as farmers struggle with record droughts.