Unchartered territory for future food supplies

FOR some time now it has been a worry that food and energy prices were getting worryingly high.

EU inflation figures confirmed this worry on Monday highlighting food inflation had gone up from 6% to 6.4% in May, while energy prices were up by 13.7% against an increase of 10.8% in the year to end April.

Recently food analyst John O’Reilly, who keeps a close eye on emerging food trends noted we are heading into uncharted territory with regard to food supply and prices in the future.