Beijing De Runlin January 18 news: According to the FAO, the international food prices rose sharply in the fourth quarter of 2010, setting a record high, but the price of food in many African countries remained low.
According to FAO, many countries in Africa have high yields of food, so the international market has less impact on them.
According to the latest report from FAO, the prices of corn, sorghum and millet remained low during the fourth quarter of last year due to high food production in Africa in 2010.
During the month of December last year, the FAO’s food price index rose to a historical record of 215 points, which caused the market to speculate that the world may reproduce the food crisis of 2007/08, when the price surge caused turmoil in many developing countries.
However, last year's high food production in the southern sub-Saharan Africa made grain prices basically stable.
According to FAO, many countries in Africa have high yields of food, so the international market has less impact on them.
According to the latest report from FAO, the prices of corn, sorghum and millet remained low during the fourth quarter of last year due to high food production in Africa in 2010.
During the month of December last year, the FAO’s food price index rose to a historical record of 215 points, which caused the market to speculate that the world may reproduce the food crisis of 2007/08, when the price surge caused turmoil in many developing countries.
However, last year's high food production in the southern sub-Saharan Africa made grain prices basically stable.
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