Fires, floods, locusts and droughts – a combination of crises that could mean higher food prices around the world over the next 12 months.
The US agriculture department will release a report on Thursday assessing world grain supplies. Many analysts expect it will forecast a two-year low for wheat inventories – an estimate that would likely send wheat prices, which have climbed steadily all summer, moving even higher.
http://english.aljazeera.net/business/2010/08/20108127516923357.html
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