World food prices hit a 10-year peak, fuelled by rising costs of cereals and vegetable oils, Food and Agriculture Organization says
Poor harvests have contributed to rising grains prices, while strong demand has lifted vegetable oil prices.
The Food and Agriculture Organization's said on Thursday that price hikes were lifted by rising costs of cereals and vegetable oils. Agricultural commodity prices have risen steeply in the past year, driven by harvest setbacks and strong demand.
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