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EIU sees lower farm commodity prices in 2009

Posted on 06 March 2009

From Forbes: Agricultural commodity prices look set to fall this year and then stabilise in 2010 although grain markets may rebound from recent lows, the Economist Intelligence Unit said on Thursday.

The EIU said weaker demand, ample supply, lower global trade levels and difficulties raising finance should keep prices at relatively low levels, projecting a 26.2 percent decline in its Food, Feedstuff and Beverages (FFB) index in 2009….. Full Article: Source


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