Hi °C | Lo °C You can't say you don't get to look into the future of international trends on these pages.
Only a few weeks ago we were warning that the price of your weekly shopping basket (the food in it, not the basket) was on the rise and so it's been proved.
The UN's Food and Agriculture Organisation (FAO) has just reported that food prices jumped 6% in July compared to June.
"Wild" swings in weather conditions around the world have been blamed for the spike in grain prices.
For one of our biggest industries there is good news and bad to take from these price moves.
Livestock farmers, particularly pig and poultry producers, will have to pay up for feed which is mainly made from wheat and soy beans, two of the commodities which have rallied most. Of course for grain farmers, of which there aren't that many here, there will be good profits to be made.
