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U.N. Body Urges G20 Action On Food Prices, Waste

The world’s top farm producers in the Group of 20 countries must agree coordinated action to ease worries about food prices, the head of the United Nations food agency said on Monday, as he and other experts bemoaned a huge global waste of food and water.

The third price surge in four years has come after drought in the United states and poor crops from Russia and the Black Sea bread basket region.

Senior figures from the G20 will discuss the food price rises this week, but any decisions on action are unlikely before a mid-September report on grain supply, officials have said.

U.N. Food and Agriculture Organisation Director-General Jose Graziano Da Silva said he would not characterise the current food price rise as a crisis, but it could reach that level next year if harvests in the southern hemisphere were disappointing.

Source: Reuters

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