20.01.2012 Opalesque Exclusive: Higher Grain Prices Are Here To Stay (1)
Benedicte Gravrand, Opalesque Geneva:

The FAO Food Price Index (FFPI) averaged 211 points in December 2011, 2.4% down from November and 11.3% below its February 2011 peak. The December decline was due to sharp falls in international prices of cereals, sugar and oils. Bumper crops coupled with slowing demand and a stronger US dollar weighed on prices of most commodities, said the Food and Ag

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