Prices to ease but remain high
May 30, 2008

Agricultural commodity prices should ease from recent record peaks but over the next 10 years they are expected to average well above their mean levels of the past decade, according to the latest Agricultural Outlook from OECD and the UN Food and Agriculture Organization (FAO). OECD Secretary-General, Angel GurrĂ­a, is pleading for the breaking down of trade barriers with restrictive trade practices likely to cause greater distress. “The way to address rising food prices is not through protectionism... ...Read more »