| From Dawn: While commodity prices have always risen and fallen with fluctuation in supply and demand, the world agriculture now appears to be undergoing a structural shift towards a higher demand-growth path, according to the ‘State of Food and Agriculture 2008’ released by the Food and Agriculture Organisation (FAO).
Many countries, especially in Asia, have entered a period of faster economic growth that is generating strong demand for higher-quality diets, including more meat, dairy products and vegetable oils. The rise in demand arising from stronger income growth is certainly welcome news, but higher prices pose challenges for all consumers, particularly the poorest, fears the report...... Full Article: Source
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