The world could face a food crisis of the kind seen in 2007/08 if countries resort to export bans, the UN’s food agency has warned, after reporting a surge in global food prices due to a drought-fuelled grain price rally.

FOOD-PRICE inflation concerns for policy makers are set to persist even as rice declines and wheat trades below this year’s peak, according to the United Nations, which said that importers are still paying more than a year ago.

Milan: World food prices held steady in April but longer-term stability depended on new crops as worries linger over US grains, although Russia and Ukraine are set to recover from drought, the UN’s food agency said.

EUROPEAN policymakers should heed global political uncertainty and reaffirm food security within the EU, according to IFA president John Bryan.

WORLD food prices reached their highest level ever recorded in January and are set to keep rising for months, the UN food agency said yesterday, warning that the hardest-hit countries could face turmoil.

World food prices have reached a new peak, says a UN agency.

WORLD food prices rose to a record in December on higher sugar and meat costs, the United Nations said, exceeding levels reached in 2008 that sparked deadly riots from Haiti to Egypt.

THE dilemma for food policymakers was never clearer.