BRUSSELS/NEW YORK – Over the last five years, a sharp rise in food prices has highlighted the global food system’s vulnerability to supply shocks – and reminded the world how tenuous is the food security of millions of people. Unexpected events, such as flooding and drought, can have dire consequences: sharp drops in rural incomes, surging food bills, and severe food shortages.
BRUSSELS/NEW YORK – Over the last five years, a sharp rise in food prices has highlighted the global food system’s vulnerability to supply shocks – and reminded the world how tenuous is the food security of millions of people. Unexpected events, such as flooding and drought, can have dire consequences: sharp drops in rural incomes, surging food bills, and severe food shortages.