Wednesday, November 07, 2007

FT.com / World - Rising food prices to hit consumption

FT.com / World - Rising food prices to hit consumption:
"Poor countries are likely to have to cut food consumption after an “alarming” increase in their agricultural commodities bill, the United Nations’ Food and Agriculture Organisation warned on Wednesday.

The FAO said its biannual Food Outlook report that high and volatile prices of grains, such as wheat and maize, could curtail procurement in many countries."

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