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New UN report projects steady decline in food prices over next decade

New UN report projects steady decline in food prices over next decade

Jul 02, 2015, at 06:59 pm

New York, July 2 (IBNS): Real prices for global agricultural products will continue their gradual decline over the coming decade due to a combination of strong crop yields, higher productivity and slower growth in global demand, according to a new report issued by the United Nations Food and Agricultural Organization (FAO).