Tighter food supplies, high prices to persist | WHAT REALLY HAPPENED


Tighter food supplies, high prices to persist

Svetlana Kovalyova
Reuters

World food prices are set to remain high in 2011/12 with supplies tightening and demand running strong, the United Nations' food agency economist told Reuters on Wednesday after a new jump in prices.

"The chances of prices to remain high and extremely volatile well into 2011/12 are stronger than ever," FAO's economist Abdolreza Abbassian told Reuters in a telephone interview . . .

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