Friday, 11 March 2011

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Rice prices moving against the grain

  • Friday, 11 March 2011
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  • Fears of food inflation have gripped much of the world but one food staple is defying all others � rice. Global rice production is expected to reach record levels this year, topping a banner year in 2010. And, while prices for wheat, corn, soybeans and almost every other agricultural commodity have been rising in recent months, rice prices have fallen. The three benchmark prices for rice � based



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