IHT | Keith Bradsher
Published: May 9, 2008
HONG KONG: After months of startling increases, the prices of rice, wheat, soybeans and several other foods have come down recently, a development that could ease some of the panic in global food markets.
Prices remain volatile and remarkably high by historical standards, and few agricultural experts expect the days of inexpensive food to return soon. There is no sign of a drop steep enough to make food affordable again for the hundreds of millions of people in poor countries who are struggling to maintain adequate diets.
Still, any price decline is welcome news for many countries, particularly those heavily dependent on imported rice.
continue reading the article here…
We use cookies to ensure that we give you the best experience on our website. By using our website you agree to our Privacy Policy, Cookie Notice and Terms of Use.