Global food prices hit their highest level in a DECADE, with US seeing prices of meat, poultry, fish and eggs rocketing by 15.7% in two years as experts warn soaring energy costs could drive them even higher
The United Nation’s Food and Agriculture Organization food price index reached a 10-year high last month, reflecting skyrocketing worldwide food prices
Globally, the price of vegetable oil increased by 60percent during the past year
US shoppers are also experiencing sticker shock, with the price of bacon up 17percent, and beef costing meat-eating consumers an extra 12.2percent
Experts are attributing the rising costs on rising energy costs and other factors
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