Rocketing food prices threaten millions of the world’s poorest people
The world’s humanitarian system is already strained by a record number of food emergencies. Global food price hikes threaten even more millions of the world’s poorest people. Drought in North America and elsewhere, use of food crops for biofuel and excessive speculation in some commodity markets are among the problems cited in an Oxfam media brief.
Millions of the world's poorest people will face devastation from today's rocketing food prices because the global food system is fatally flawed and policy-makers can't find the courage to fix it. Oxfam teams around the world say that developing countries are bracing themselves for the worst effects of rising corn, soy and wheat prices on their poorest people.
Read the Oxfam media brief.