World Food Prices Rise to Record on Dairy, Grains, UN Says World food prices climbed to a record in February on surging dairy, grain and meat costs, the United Nations said. An index of 55 food commodities rose 2.2 percent to 236 points from 230.7 in January, the eighth straight gain, the UN’s Food and Agriculture Organization said on its website today.Rising food costs helped to fuel social unrest and riots in North Africa and the Middle East that toppled presidents in Tunisia and Egypt this year. Prices surged globally as a drought in Russia prompted the country to ban grain exports last year and adverse weather threatened crops in nations from wheat exporter Canada to soybean producer Brazil. “Unexpected oil-price spikes could further exacerbate an already precarious situation in food markets,” David Hallam, the Rome-based FAO’s director of trade and markets, said in a statement. “This adds even more uncertainty concerning the price outlook.” Global food prices probably will rise i
"Thoughts are the greatest wealth of any nation."