FAO, IFAD, and WFP issued a joint statement on food prices: "In responding to high food prices, the things we must avoid doing are just as important as the things we should do. In particular, countries must avoid panic buying and refrain from imposing export restrictions, which, while temporarily helping some consumers at home, are generally inefficient and make life difficult for everyone else.
Above all, however, we must understand that high food prices are a symptom, and not the disease. So while the international community must take early action to prevent excessive price increases, it should also move to act on the root causes behind such surges."