The hike in global food prices means that more than 1 billion people can not afford to feed themselves adequately.

• Rising prices have plunged an additional 100 million people below the hunger threshold, bringing the estimated number of undernourished people worldwide to 1.02 billion._¹
• Food prices rose 52 percent between 2007 and 2008 and fertilizer prices have nearly doubled over the last year.
• Since 2006, the price of wheat has increased 107 percent, the price of rice has increased 38 percent and the price of maize has increased 76 percent._²
• Traders speculating on international food commodities – including wheat, maize, rice and sugar – have helped cause a huge increase in the cost of food._³

STOP PROFITTING FROM HUNGER - What must happen

1. The UN must stop traders speculating in food.
2. Transnational companies should be prevented from forcing up food prices and from depriving poor people of their access to land, water and seeds.

How we are campaigning on it

<sup>Notes
1. FAO Press Release 18/09/08 http://www.fao.org/newsroom/en/news/2008/1000923/index.html
2. FAO Press Release 18/09/08 http://www.fao.org/newsroom/en/news/2008/1000923/index.html
3. ActionAid Cereal Offenders policy report July 2008 http://www.actionaid.org/docs/cerealofenderspdfjapan_g8.pdf</sup>