Higher food prices may be here to stay as demand from developing countries and production costs rise, says the UN's Food & Agriculture Organisation (FAO).
It warned that the current spike in global food prices was higher than previous records, partly because bad weather had ruined crops.
Although high prices will ease off, other factors, such as rising biofuel demand, will keep future costs high.
The FAO said speculators were also to blame for volatile commodity markets.Read Full Story Sphere: Related Content
