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Are Record Food Prices Fueling Global Instability?

Food prices are rising, warns the United Nations Food and Agriculture Organization, and the implications for global stability could be dire. According to the FAO, the monthly food price index rose 3.4 percent in January to the highest it's been since the organization started compiling the index in 1990. And it's only...

Russian Drought Spurs Worldwide Food Price Hikes

(Sept. 1) -- Severe drought in Russia has sent world food prices 5 percent higher in recent months, according to a new report by the United Nations, and though they remain well below the record levels reached during the 2007-08 world food crisis, the higher prices have already fueled deadly riots in Mozambique. Today...

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05/17/12 EU Wheat Crop Outlook Cut Amid Adverse Growing... Source: FOXBusiness.com Strategie Grains has cut its estimate for the European Union's 2012-2013 wheat harvest after sharply higher winterkill levels in Germany, Poland and France and has warned that crops in the bloc's center urgently need more rain if yield potentials are to be maintained.
05/17/12 UPDATE: EU Wheat Crop Outlook Cut Amid Adverse Growing... Source: Dow Jones Business News (via NASDAQ) LONDON -(Dow Jones)- Strategie Grains has cut its estimate for the European Union's 2012-2013 wheat harvest after sharply higher winterkill levels in Germany, Poland and France and has warned that crops in the bloc's center urgently need more rain if yield potentials are to be maintained.
05/03/12 UPDATE: World Food Prices Move Lower In April - UN Source: Dow Jones Business News (via NASDAQ) LONDON -(Dow Jones)- World food prices fell in April following three consecutive months of gains, pressured by declines in sugar, dairy and cereal prices that offset increases in oils and meat, the United Nations' Food and Agriculture Organization said Thursday, but it warned that soybeans and corn could still drive prices higher later this year.