The OECD and the FAO expects sustainable high food prices

In their joint Friday published analysis the two organizations also warn that violent fluctuations of the prices can also be typical in the period until 2020.

The price level remains persistently high, because there is a growing demand for food and for biofuels, and the production costsalso rising, however, at the same time the output of agriculture and the economy as a whole are growing more slowly than in the past decade – reports MTI.