22.06.2011 - Higher commodity prices here to stay
Commodity prices over the next decade are set to remain at a higher level than the past, according to an OECD-FAO report produced ahead of this week’s G20 summit of agriculture ministers in Paris. In real terms, prices over the next decade are predicted to average up to 20% higher for maize and 15% higher for rice, compared to the previous decade, while wheat prices should remain at the same level. This is likely to have a knock-on effect on higher meat prices..............................................Full Article: Source
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