A Modest Rise in Global Food Prices

New York Times: Given the fears set off by the agricultural disasters of the summer, the latest report on food prices from the United Nations has to be counted as good news. The Food and Agriculture Organization reported Thursday that global prices rose 1.4 percent in September from the previous month. Food and Agriculture OrganizationAfter sharp increases this summer, the climb in food prices was modest last month. Prices increased only 1 percent in the all-important cereals sector, with gains in rice and......

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