1945

From 2007 to 2009, a food price crisis followed by the financial crisis and global economic recession pushed the number of hungry and undernourished people in the world to unprecedented levels, reaching a peak in 2009 of more than 1 billion. In the first half of 2010, world agricultural commodity markets appeared to enter calmer times. Prices of food and agricultural commodities remained high, but had nevertheless declined from the peaks of 2008, and the world economy was emerging from recession.

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