Global food import bill rising despite 2017 robust output – UN

The cost of importing food is rising in 2017, driven by increased international demand for most food stuffs, as well as higher freight charges, the United Nations agriculture agency said Thursday.

While food commodity prices have been generally stable, the cost of importing food is forecast to rise six per cent in 2017 to $1.413 trillion, making it the second highest bill on record, according to the latest Food Outlook published by the UN Food and Agriculture