Global food prices rose 10% in July according to the World Bank's food price index due to the drought across the USA midwest, Russia and Europe.
Maize and wheat prices rose 25% and soybean prices 17% during the period June - July.
The highest price increases were seen in Africa with maize rising 113% in Mozambique and sorghum rising 220% in southern Sudan.
Despite the rising prices, the organization said it does not predict people will riot as they did in 2008 when food prices last spiked to record levels.
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