Food prices posing risk to poor nations

Wall Street Journal: Drought in some areas and heavy rain in others are keeping world food prices near record levels, threatening the food supply for poorer, food-importing countries, the United Nations' food body said Tuesday. The Food and Agriculture Organization forecast in its biannual report that world cereal output would rise 3.5% to a record 2.3 billion metric tons in 2011–;but warned that this might not be enough to replenish scarce world stocks and calm the recent turbulence in world food markets. ...

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