| 14.12.2009 - Spectre of rising global food prices returns |
| From Smh.com.au: Falling production in commodities from rice to milk is bad news for just about everyone except investors. Rice may surge 63 per cent to $US1,038 a metric ton from $US638 on Philippine imports and a shortage in India, a Bloomberg survey of importers, exporters and analysts showed. The US government says nonfat dry milk may jump 39 per cent next year, and JPMorgan Chase forecasts a 25 per cent gain for sugar.....................................Full Article: Source |