(EnergyAsia, October 15, Monday) — International wheat prices have increased sharply since June, hitting record highs in September in response to tightening world supplies, historically low levels of stocks and sustained demand, according to the UN Food and Agricultural Organisation.In its latest Crop Prospects and Food Situation report, the FAO said the combination of higher…
MARKETS: World’s poor to pay 14% more for cereal this year as wheat prices hit record-high levels
Posted on October 14, 2007 by EnergyAsia