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Energy is used in the raw materials for fertilizers to powering the facilities needed to process the food. Increases in the price of energy leads to an increase in the price of food. [17] [18] Oil prices also affect the price of food. [19] Food distribution is also affected by increases in oil prices, [20] leading to increases in the price of food.
The global financial, economic, and food price crisis in 2008 drove many people to hunger, especially women and children. The spike in food prices prevented many people from escaping poverty, because the poor spend a larger proportion of their income on food and farmers are net consumers of food. [109]
The U.N. Food and Agriculture Organization's price index, which tracks the most globally traded food commodities, averaged 120.6 points in June, unchanged from May. The May figure was revised from ...
[86] [87] [88] Increases in food prices is related to disparities in diet quality and health, [89] particularly among vulnerable populations, such as women and children. [90] Food prices will on average continue to rise due to a variety of reasons. Growing world population will put more pressure on the supply and demand.
Food fortification is the addition of micronutrients (essential trace elements and vitamins) to food products. Food enrichment specifically means adding back nutrients lost during food processing, while fortification includes adding nutrients not naturally present. [ 1 ]
Farmers can switch to growing vegetable oil crops if those are more profitable than food crops. So all food prices are linked to vegetable oil prices and, in turn, to crude oil prices. A World Bank study concluded that oil prices and a weak dollar explain 25–30% of the total price rise between January 2002 until June 2008. [21]
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Since 1915, food waste has been identified as a considerable problem and has been the subject of ongoing media attention, intensifying with the launch of the "Love Food, Hate Waste" campaign in 2007. Food waste has been discussed in newspaper articles, news reports and television programmes, which have increased awareness of it as a public issue.