Q&A: Why food prices and fuel costs are going upQ&A: Why food prices and fuel costs are going up Food prices around the world have been rising sharply and Oxfam has warned that the trend will continue over the next 20 years. With floods hitting farmland in places such as Australia, which exports its wheat and sugar cane around the world, there are fears that food prices could continue to rise. In February, the wholesale cost of food hit its highest monthly figure on record, according to the UN's Food and Agriculture Organization (FAO). Food prices remain higher than their peak in 2008, when food crisis prompted riots and demonstrations around the world. What's more, oil prices have also edged up this year, reaching their highest level in two years. Q&A: Why food prices and fuel costs are going up Food prices around the world have been rising sharply and Oxfam has warned that the trend will continue over the next 20 years. With floods hitting farmland in places such as Australia, which exports its wheat and sugar cane around the world, there are fears that food prices could continue to rise. In February, the wholesale cost of food hit its highest monthly figure on record, according to the UN's Food and Agriculture Organization (FAO). Food prices remain higher than their peak in 2008, when food crisis prompted riots and demonstrations around the world. What's more, oil prices have also edged up this year, reaching their highest level in two years.

Q&A: Why food prices and fuel costs are going up

Food prices around the world have been rising sharply and Oxfam has warned that the trend will continue over the next 20 years.

With floods hitting farmland in places such as Australia, which exports its wheat and sugar cane around the world, there are fears that food prices could continue to rise.
In February, the wholesale cost of food hit its highest monthly figure on record, according to the UN's Food and Agriculture Organization (FAO).
Food prices remain higher than their peak in 2008, when food crisis prompted riots and demonstrations around the world.
What's more, oil prices have also edged up this year, reaching their highest level in two years.