El Nino, Strait of Hormuz risks may fuel fresh global food inflation surge: Report

Citi Research also warned that higher fossil fuel prices could increase the use of agricultural commodities for biofuels, further pushing up food prices.  

El Nino, Strait of Hormuz risks may fuel fresh global food inflation surge: Report
Citi Research also warned that higher fossil fuel prices could increase the use of agricultural commodities for biofuels, further pushing up food prices.