16.02.2009 - Fall in cereal production predicted - UN
From Commodities-now.com: Bad weather, violent conflict and volatile market prices could force a drop off in the global production of cereal crops this year, the United Nations Food and Agricultural Organization (FAO) predicted today after already warning that some 1billion people worldwide are going hungry. Drought and high food prices in much of the developing world coupled with a diversion to bio-fuels and the disincentive of high planting costs in the West look likely to reduce grain production in most of the world's major producers..... Full Article: Source
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