KFAR HAROEH, ISRAEL - MARCH 30: Italico cheese is packed for distribution at the Jacobs family dairy March 30, 2008 in Kfar Haroeh in central Israel. World food prices are soaring in the face of what some analysts are describing as a perfect storm of circumstances - increasing demand from developing economies in Asia, rising fuel prices, severe weather impacting recent harvests and an economic shift to biofuel production. All this leaves the consumer paying more for basic staples such as bread and milk and is likely to have its hardest impact on poorer nations. Getty Images logo Getty Images 50 months ago

KFAR HAROEH, ISRAEL - MARCH 30: Italico cheese is packed for distribution at the Jacobs family dairy March 30, 2008 in Kfar Haroeh in central Israel. World food prices are soaring in the face of what some analysts are describing as a perfect storm of circumstances - increasing demand from developing economies in Asia, rising fuel prices, severe weather impacting recent harvests and an economic shift to biofuel production. All this leaves the consumer paying more for basic staples such as bread and milk and is likely to have its hardest impact on poorer nations.

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