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Food Prices May Increase Due to Extreme Weather, Oxfam Warns Consumers

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Food Prices May Increase Due to Extreme Weather, Oxfam Warns ConsumersConsumers may experience an increase in the prices of food and other commodities because of the extreme weather caused by climate change. This has been affecting the major crops all over the world, according to a report that has been released by Oxfam. The report was entitled Extreme Weather, Extreme Prices and it states that in year 2030, US drought may increase the price of maize up to 140 percent more than the average cost of food, which is at the moment, may be double the cost. Drought and flooding that may occur in the southern region of Africa may increase the cost of maize, and other coarse grains by as much as 120 percent by the year 2030. Drought in India and extensive flooding in the south east Asian region may increase the price of rice by 22 percent.

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