Russian President Vladimir Putin focused on the exacerbation of the food crisis in the world. He stated this at a meeting of the Discussion Club “Valdai”, reports the correspondent “Renta.ru”.
“in a number of states and even whole regions, the crisis of food occurs periodically, but there is every reason to believe that this crisis will be exacerbated in the near future,” said the President.
Rising prices for food in the world has become the maximum since the 1970s. According to the Food and Agriculture Organization of the United Nations (FAO), world food prices in August increased by 33 percent compared to last year and broke the record for 60 years. The main reason was the increase in the cost of vegetable oil, grain crops and meat.
The head of the American food concern Kraft Heinz Miguel Patricio explained that there are several reasons for rising prices: supply failures and unsatisfied demand. In addition, the increase in energy increased costs of manufacturers. Patricio is confident that food prices will grow further, because the population of the planet is growing, and the land area where food can be grown does not increase.