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July 20, 2012

No food crisis yet as grain prices soar: U.N.

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World markets are not yet facing a crisis of the kind seen in 2007/08 when high food prices sparked riots in some poorer countries, although soaring grain prices fuelled by an intense U.S. drought are a cause for concern, the UN's food agency said. U.S. corn prices have surged more than 55 perce... FF News: Fundamental

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