Good news with regard to food reserves comes around too rarely these days to keep silent. The United Nations Food and Agriculture Organization just informed the world that a plentiful wheat and meat production, together with a strong dollar, will drive down food prices over the coming year. At the very least, we should expect stability and no crazy volatile swings. We like to thing this may help with food security in those areas that are most vulnerable to food commodity price hikes.
Food prices to come down over coming year, says United Nations
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