Food prices to increase until 2012 |
| 6/10/2008 9:07:56 AM |
According to a recent Reuters' article, food prices will continue to increase by 9 percent a year until 2012. This is the largest increase since 1979. These projections, which come from Bill Lapp, of Advanced Economic Solutions, are higher than the latest U.S. Agriculture Department forecast of 5 percent for 2008.
Read the full article at http://www.reuters.com/article/newsOne/idUSN2933542820080529. |
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