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The global #food prices increased by 8.0 percent from December 2011 to March 2012 due to higher oil prices, adverse weather conditions, and Asia’s strong demand for food imports, according to the #WorldBank Group’s latest Food #Price Watch report. #FoodInflation #Agnews #Commodities #Drought
Production outlooks remained strong for 2012-13 and a number of factors have kept pressures on prices at bay. Record prices in late 2010 and early 2011 led to increased production of major crops world...
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