Global food prices have hit their highest level in over three years. We are told this is due to rising oil and energy costs, but how exactly do they affect prices? The most reported reason is that transport and fertiliser are to blame, but the reality is that the oil and gas industry is far more integrated in our food production than many of us realise. To get a better understanding, Josh Toussaint-Strauss takes a closer look at the production processes of three categories of food: meat, processed staples and fruit and vegetables. What he discovers is a level of involvement that is shocking
Continue reading...How rising oil prices make food more expensive
Originally reported by The Guardian. Read the full story at the original source.
Related Articles
Young people want better job prospects and housing
Image caption, Young islanders say they feel there are more career prospects elsewhereByJulia GregoryChannel IslandsPubl...
Water bills set to rise for many after firms permitted extra funding
Image source, Getty Images/Olga RolenkoByLucy HookerBusiness reporterPublished10 minutes agoWater companies have been gi...
The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to th...
Zero hours crackdown could cost firms up to £2.9bn a year
Image source, Getty ImagesImage caption, The government analysis found that hospitality and retail companies would be mo...