SteakFood prices are expected to rise by double digits in the coming decade, with the cost of meat on average potentially climbing as much as 30% worldwide, according to a joint-report released Friday by the Organisation for Economic Co-operation and Development and the UN Food and Agriculture Organisation.

That projection comes as consumers are already struggling with record high meat prices, fueled by rising costs for feed and low production of livestock, the report notes. And in the coming years, the OECD says it expects increasingly stringent regulations over food safety, environmental conditions and welfare requirements for livestock will contribute to a bump up prices.

In January 2013, for example, Europe is expected to implement more stringent requirements for housing pigs, which in turn may reduce production of pork because of the added costs, the report notes.

Meat is not the only food category expected to see double-digit price increases within the coming decade. The price for cereals is expected to rise as much as 20% during this time period.

"While higher prices are generally good news for farmers, the impact on the poor in developing countries who spend a high proportion of their income on food can be devastating," Angel Gurria, OECD Secretary-General, said in a statement.

Both organizations are taking a number of steps to try to reverse the situation, including calling on governments to encourage investments in agriculture that could lead to greater production of food in developing countries.

The anticipated rise in food costs is expected to be driven by an uptick in crude oil prices, which has a rippling effect on such things as the cost for nitrogen fertilizers and other farm chemicals used in the production of food.

Overall, the organizations project that agricultural production will grow more slowly over the next decade, rising only 1.7% compared with a 2.6% increase in the previous decade. The slowdown in production is expected to hit most of the crops, in particular oil seeds and coarse grains, the report notes.

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June 23 2011 at 4:39 PM Report abuse rate up rate down Reply

Just more Liberal Jibberish out of Huffington. Is there any less credible news source out there?

June 20 2011 at 10:54 AM Report abuse rate up rate down Reply

And I expect my paycheck to go up 30% as well.... Yeah, right.

June 20 2011 at 10:09 AM Report abuse rate up rate down Reply

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June 20 2011 at 8:41 AM Report abuse rate up rate down Reply

If only we could figure out a way to use cow sh!t to fuel our cars!

June 20 2011 at 8:38 AM Report abuse rate up rate down Reply

Corn based ethanol is a bad choice for an alternative fuel. It has too many drawbacks, one of which is that it takes a large portion of the corn crop out of the food (indirect) market and the second, that few see, is that it takes 2 gal's of water for every gal. of ethanol. Some would suggest sugar cane which will grow over most of the Southern U.S., but it's a bummer also as getting the cane requires burning the field which is a moderate environmental hazard. Natural gas would be a better choice, but it would require some major infrastructure changes - like at filling stations. All of this aside, food is going up, more for reasons not mentioned in the blog. Seems everyone wants to ignore what the weather has been like. Floods,droughts,severe storms, a major rise in plant disease and weeds do not make for boom harvests. Throw in the price of oil and it looks more like at least 30% - across the board.
Remember though - the government does not see this as inflation. Remember also that you may have problems with the bathroom - you sent your A.H. to Washington.

June 19 2011 at 9:19 PM Report abuse rate up rate down Reply
John Dorsey

This business of growing an entire corn plant - removing 8 ears and making alcohol out of it - throwing the rest away - is insane. Agribusiness put us together. Switchgrass and Sugar Cane are much better crops for Methanol production. $2 for 2 ears of corn , $4.95 for 6 - who the h@(( are you kidding ?? That is what has messed up produce and food prices. Plant your Victory Garden.

June 19 2011 at 6:46 PM Report abuse rate up rate down Reply


June 19 2011 at 5:01 PM Report abuse -1 rate up rate down Reply

30% isn't bad at all. In a few years....about 2 or 3 years, all of us will belong to unions and be making more money than we know what to do with it. 30% increase will be "chump change". I have my own business and have no employees, but I plan to join a union for the benefits..........they are great and especiall the medical insurance. Unions are the coming future............just to listen to Obama if you don't believe me.

June 19 2011 at 10:41 AM Report abuse rate up rate down Reply

Get rid of ethanol!

The only reason corn is up 86%, meat up 30% and fuel up 20% is because farmers get more for less.

Fuel corn for ethanol requires almost NO work, and gas companies BID on your crop.

Feed corn must be treated, kept clean of infestation and blight, and you must find a buyer.

Same as changing from growing coca or poppies to growing wheat or rice. Why change from crops that require no work or attention to one that requires a lot of time, effort and expense? Why change from crops that people come to bid on to ones that you have to go out and find buyers for.

You people put the idiots in charge who made your lives this miserable and intend to do more damage to you.

Only you can change that.

June 18 2011 at 11:47 AM Report abuse +4 rate up rate down Reply