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Rising Agricultural Costs Force Food Prices Higher

David Silverman/Getty Images

TEL AVIV, ISRAEL – MARCH 25: Fresh country bread and red wine are served with lunch at the Carmella Banahela bistro on March 25, 2008 in Tel Aviv, Israel. World food prices are soaring in the face of what some analysts are describing as a perfect storm of circumstances; increasing demand from developing economies in Asia, rising fuel prices, severe weather impacting recent harvests and an economic shift to biofuel production. All this leaves the consumer paying more for basic staples such as bread and milk and is likely to have its hardest impact on poorer nations. (Photo by David Silverman/Getty Images)

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