Friday, 25 February 2011
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Rice Surges Limit as Leaders Seek to Avoid Food-Price Inflation
Rice, the staple food for half the world, rallied by the daily limit from a four-day losing streak in Chicago as governments boosted stockpiles to curb prices that sparked protests in North Africa and the Middle East. Bangladesh, South Asia's biggest buyer, said it's seeking supply from India as part of more regular grain purchases to bolster food security. Japan bought 68,000 metric tons of rice
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