Agri commodity prices may rise further: FAO
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01/04/2008
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FAO
Global agricultural commodity prices, which are rising for the last two years, are expected to remain high in the near future, according to the Food and Agricultural Organisation (FAO). FAO, along with the European Bank for Reconstruction and Development in a recent report on food inflation, has indicated that the rising prices are here to stay. The report lists three reasons for the global surge in demand for agri commodities and the consequent price rise