World Food Prices Continue Climb to New Record: FAO Releases Food Price Index For January

The FAO has released its Food Price Index for January, 2011. This report provides a measure of the monthly change in international prices for major food commodities. The January Price Index rose for the seventh consecutive month, showing a marked increase in the global price of all major commodities. Such an increase makes this month's Price Index the highest (in both real and nominal terms) since the index was first backtracked in 1990.

To view the whole report, visit http://www.fao.org/worldfoodsituation/FoodPricesIndex/en/