Business Daily - World food prices

Examines the food we all put on our plates - how it gets there and at what price. We hear from the FAO, from one of the world's biggest food producers - and get the view from Jakarta's food market.

According to the UN's Food and Agriculture Organisation, world food prices peaked in the middle of 2008, in what was called then the global food crisis. But, in the 12 months since then, they've fallen dramatically, as farmers have ramped up production.

The price of some commodities, though, hasn't fallen as much as that of others. Dairy products and cooking oils have pretty well halved in price since the peak a year ago, but the price of rice, in particular, has fallen far less.

Alexander Sarris, Director of the Trade and Markets Division of the Food and Agriculture Organisation, explains why.

Broadcast on:

BBC World Service, 8:32am Monday 13th July 2009

Duration:

18 minutes

Available until:

12:00am Thursday 1st January 2099

Categories:

• Factual,
• Money