# Cost of food heading towards crisis levels again

> A Telegraph feature reports that corn prices have reached their highest level in seven years and that the FAO Food Price Index has climbed to 113.3 points since last summer. Analysts say food prices are rising but are not yet at crisis levels.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9254-cost-of-food-heading-towards-crisis-levels-again
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising corn prices feed directly into feed and food inflation, and the trend could tighten feed budgets if it continues.

## Read by commodity

- CORN: bullish ▲

## Sources

- telegraph.co.uk: https://www.telegraph.co.uk/business/2021/02/15/cost-food-heading-towards-crisis-levels/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.