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Surging Crop Prices—UN Says More Trouble Ahead

July 05, 2012

European wheat and rapeseed contracts hit new highs on Thursday as investors bet the rally in agricultural commodities driven by scorching heat in the U.S. will continue and after the United Nations' Food and Agriculture Organization (FAO) released a report trimming its forecast for corn and cereal harvests.

Source: http://www.cnbc.com/id/48077393?__source=RSS*tag*&par=RSS
 
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