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Rising commodity prices will drive "agflation"
Story Date: 9/24/2012
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Source: FARM FUTURES, 9/21/12
Food prices are once again on the rise, fueled by the lingering U.S. drought and water scarcities in South America and Russia. According to a report released Thursday by the Rabobank Food & Agribusiness Research and Advisory group, such prices are likely to reach an all time high the first quarter of 2013 and will present a challenge for the livestock industry.
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