Report Sees Decade of High Food Prices

Report Sees Decade of High Food Prices

05.29.08 posted by jason 42 views no comments
Agricultural commodity prices should ease from their recent record peaks but over the next 10 years they are expected to average well above the mean of the past decade, according to the latest Agricultural Outlook from OECD and the UN. The current high prices will hit poor and hungry people hardest, particularly those who are net food buyers in urban areas in low income countries.
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