Why the era of cheap food is over

Corn, milk, bread, and other farm products hit record high prices in 2006 – and will likely keep rising in 2008.

Food prices worldwide hit record highs in 2006, and all the signs are that they will go on rising this year, and for the foreseeable future. The era of cheap food, the experts say, is over and we are going to have to get used to it. This is easier said than done for millions around the world, as evidenced by protests in Mexico over the cost of corn tortillas, and in Italy last September about the price of (wheat) pasta. Staff writer Peter Ford looks at why.