Reuters: The third global food price spike in four years may have peaked after a summer of stunning increases on cereal markets, as a U.S. government report on Wednesday raised hopes that a full-blown food emergency could be averted.
Fears of unrest and hunger seen in the 2007/08 crisis emerged as the worst U.S. drought in over half a century and persistent dryness in other key grain producing countries sent corn and soybean prices to successive record highs.
But the U.S. Department of Agriculture on......
Read Complete Article at Water Conserve: Water Conservation RSS News Feed
Fears of global food price crisis recede
Posted by Washington Post: Juliet Eilperin on September 12th, 2012
You can leave a response, or trackback from your own site.