New FAO chief predicts volatile, high food prices for years; says UN agency on f

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New FAO chief predicts volatile, high food prices for years; says UN agency on

front lines

By The Associated Press | The Canadian Press – 12 minutes ago

ROME - The incoming head of the U.N. food agency has predicted high and volatile

food prices for years to come and says he hopes the U.N. will take a bigger role

in trying to help countries deal with the impact.

Graziano da Silva, a former food security minister of Brazil, was elected

Sunday as director-general of the U.N. Food and Agriculture Organization, the

U.N. agency tasked with eliminating world hunger at a time of near-record high

food prices.

At his first press conference Monday, Graziano said high commodity prices

weren't a temporary phenomenon but they would remain high for several years

since they are related to overall instability in world financial markets. Until

those markets stabilize, he said, commodities will be hard hit.