From the UN FAO, we can see that world food prices remain extremely high. We also, I think, when we conjoin this with oil prices can see that there is at least a significant correlation.
So much of what has been done in agriculture over the last 75 years has served to tie oil and food prices more tightly together, but it is increasingly clear that the world’s poor cannot afford to have their access to food controlled by the price of energy on world markets. That kills people, to put it as bluntly as possible.
This is one of the reasons I’m least convinced that improving agricultural technologies can resolve the food crisis – because at the same time that we may produce more food, virtually every solution we have offered up makes the world’s poor more vulnerable to fluctuating food prices.